Reeves considers cut to green levies in effort to reduce cost of energy bills

Exclusive: Chancellor hopes to save up to £170 from average bill, though insiders warn move will be ‘disastrous’Rachel Reeves is considering slashing funding for more energy efficient homes to pay for a reduction in energy bills, sources have told the Guardian, as the chancellor looks for ways to ease the cost of living in this month’s budget.Reeves is finalising a multi-billion pound energy support package that is likely to cut taxes and green levies from people’s bills as she looks to save as much as £170 from the average bill. Continue reading...