Burnham cuts VAT on household electricity bills; UK borrows less than expected in June – business live

Burnham cuts VAT on household electricity bills; UK borrows less than expected in June – business live - short news


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Elsewhere this morning, new figures from the ONS show that unemployment remained at the same level as in April, at 4.9% – highlighting one of the many tough tasks ahead for Andy Burnham.

Employers cut the number of job vacancies down to 712,000, almost half the level in 2022, as employers put off hiring new staff in the three months to May.

That gives the MPC good cover to keep rates unchanged next week as it..


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source: The Guardian - 21.07.2026

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