Cost of Living Support Latest: Reeves Cuts VAT for Families and Suspends 100 Food Tariffs in New Support Package Britain's households are facing unprecedented financial strain, with rising oil prices and stagnant wages leaving families struggling to make ends meet.
In response, Chancellor Rachel Reeves has unveiled a new package of measures aimed at easing the cost of living crisis.
At its core, the package includes cutting VAT on children's meals and suspending tariffs on over 100 food items, including staples like biscuits and baked beans.