Cost of Living

UK Abolishes VAT on Electricity Bills: Households to Save £45 Annually

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POLITICS U.K. Prime Minister Scraps VAT on Household Electricity Bills in First Major Move July 21, 2026 • 3 min read By Atinuke Otedola and her Editorial Team British Prime Minister, Andy Burnham, has moved to ease pressure on households by abolishing VAT on domestic electricity bills in his first major policy decision since taking … Read more

Andy Burnham Becomes New U.K. Prime Minister

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POLITICS Andy Burnham Takes Over As U.K. Prime Minister, Unveils 10-Year Plan July 20, 2026 • 4 min read By Atinuke Otedola and her Editorial Team Britain has a new Prime Minister after Andy Burnham formally took charge of the government on Monday, promising a 10-year plan to ease the cost-of-living crisis, revive the economy … Read more

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