The UK chancellor said the government will build cheaper, faster grid connections, cancel the planned gas shipper obligation, and move to delink domestic energy bills from international gas prices. It will push more renewable generation onto fixed-price contracts and expand the VAT base on electricity while extending VAT relief measures for energy bills.

2026-10-28

The UK chancellor said the government will build cheaper, faster grid connections, cancel the planned gas shipper obligation, and move to delink domestic energy bills from international gas prices. It will push more renewable generation onto fixed-price contracts and expand the VAT base on electricity while extending VAT relief measures for energy bills.