What time Rachel Reeves will announce new cost of living support on Thursday
Rachel Reeves will fund free August bus travel for children and cut tariffs on more than 100 products to ease household costs.
- On Thursday, Chancellor Rachel Reeves announced the 'Great British Summer Savings' scheme to the Commons, introducing measures to ease cost-of-living pressures triggered by the Iran War.
- Rising domestic prices caused by the Iran War prompted Reeves to prioritize protecting households, stating her economic plan would 'build a stronger and more secure Britain.'
- The Government will cut VAT to 5% on children's menu meals and entertainment tickets from June 25 to September 1, while children aged five to 15 receive free bus travel in England throughout August.
- Speaker Lindsay Hoyle and deputy Judith Cummins reprimanded Reeves for 'drip-feeding' policies to media before informing the House, stating this violates the Ministerial Code.
- Data released earlier this week shows the UK is the fastest-growing G7 economy with growth up to 0.6%, though the Chancellor expects to finalize targeted winter support packages in September.
22 Articles
22 Articles
lancashiretelegraph.co.uk
Families promised cheaper food and free bus rides amid looming bill hike
Chancellor Rachel Reeves has unveiled a new “Great British Summer Savings” package as experts warn household energy bills could rocket
‘The British summer has already been destroyed by Rachel Reeves,’ slams Taxpayers' Alliance’s William Yarwood
William Yarwood of the Taxpayers' Alliance has slammed Rachel Reeves’ “summer savings scheme” as “deluded”. Speaking to GB News, the group’s Campaigns Director savaged the Chancellor’s new measures. He described the policy as “essentially an attempt to shield households from the consequences of our own economic policies in the first place.“The reason people can't afford things as they might have used to in regard to leisure activities is because…
Sky News UK
One News PageRachel Reeves fires up summer spending reminiscent of Rishi Sunak's COVID scheme
Rachel Reeves' Great British Summer Savings, a family-friendly bundle of VAT cuts for kids' meals and leisure attractions, and free bus travel to get to there, is reminiscent of a previous Treasury wheeze intended to lift spirits in a troubled summer - think Eat Out To Help Out, without social distancing or gnawing anxiety.
Speaker scolds Labour ministers for making major announcements on TikTok
The Speaker of the House of Commons has slammed ministers for making major announcements on TikTok before making them in the chamber. Speaking in the House of Commons on Thursday (21 May), ahead of Rachel Reeves' cost of living plan announcement, Sir Lindsay Hoyle criticised ministers for announcing policies on social media before updating MPs. The chancellor received a dressing down from deputy speaker Judith Cummins as she prepared to set out …
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