Margaret Mullane MP has given strong support for the first decisions of the new Prime Minister, Andy Burnham, to ease some of the cost of living burdens on struggling families and to provide much needed relief to small high street businesses and pubs.
Households in Dagenham and Rainham and across the UK will benefit from action to help with their electricity bills this winter. The Labour Government is tackling rising bills with a tax cut to remove VAT from domestic electricity bills. Cutting VAT on electricity bills is expected to take around £45 off the yearly Ofgem price cap in October. This is on top of the £150 removed from bills at the last Budget.
This immediate action is funded for this financial year by not proceeding with the roll out of the Digital ID programme.
There’s also good news for pubs with a 20% cut in business rates from next April funding this through reviewing reliefs for businesses that do not make a positive contribution to communities, such as vape shops. In addition to these actions, a commitment was given to overhaul the wider business rates system, including small business rates relief, at the budget.
It is the latest announcement from the new prime minister to support local high streets and tackle costs for working people and communities.
Margaret said “This action shows the clear commitment from the new Prime Minister to get to grips with the cost of living for families and provides welcome relief for Dagenham and Rainham.
I am also pleased that Andy Burnham has acted to relieve small businesses and pubs by planning real cuts to business rates. This will breathe life into town centres and high streets that have been suffering for years.
This will be a major boost for Dagenham and Rainham.”