Reeves reduces VAT on summer days out to 5% as part of cost of living support
Corroborated by 2 sources from 2 publishers
ukgeneral6h ago
TL;DR
Reports differ across sources; according to theguardian.com, rachel Reeves will cut VAT to 5% on summer attractions such as theme parks and softplay centres during the school holidays, as she aims to ease the impact of the war in Iran on cash-strapped households.
Sources
1
Bloomberg Politics
https://www.bloomberg.com/news/videos/2026-05-21/uk-s-reeves-set-to-unveil-great-british-summer-savings-video
11h ago
2
Bloomberg Economics
https://www.bloomberg.com/news/articles/2026-05-21/reeves-cuts-vat-on-uk-summer-attractions-to-ease-cost-of-living
6h ago
3
The Guardian (World)
https://www.theguardian.com/politics/2026/may/21/reeves-cuts-vat-on-summer-days-out-part-of-cost-of-living-support
1h ago