Big Cuts on U.K. Energy Bills Likely in Budget, Goldman Sachs Says -- Market Talk
Dow Jones
Nov 21
1241 GMT - The U.K. government's budget measures next week could significantly cut household energy bills, Goldman Sachs economists say in a note. The economists estimate that the cuts could cost the government around 4.3 billion pounds in the near term. Cuts on the value added tax on household energy bills and "removing the cost of environmental levies and some social policies from household bills" are some of the policies likely to be announced, the economists say. (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
November 21, 2025 07:41 ET (12:41 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.