New UK PM Burnham warns of higher taxes, then cuts electricity VAT a day later

On July 20, PM Andy Burnham said he may ask people to pay "a little more" in tax amid spending pressures. The next day, his government cut VAT on household electricity bills — one of his first acts as PM — reducing the Ofgem price cap by roughly £45 from October. Which taxes rise, and whether households net gain or lose, remains unclear.