Conservatives Propose VAT Cut for Energy Bills

The Conservatives propose scrapping VAT on household energy bills, saving families £94 annually, while Labour criticizes the plan. Oil and gas prices surge due to the Middle East war, with another hike expected in July. Prime Minister Starmer hosts a roundtable with energy bosses to discuss cost-cutting strategies. Chancellor Reeves urges G7 to abandon fossil fuel imports, promoting renewables and nuclear. The Tories advocate for tax cuts and increased home drilling as a solution.

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