Channel 4 News
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Reeves targets cost of living crisis with VAT cut on theme parks
Posted
May 21, 2026
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YouTube Description
as posted by the channelThe Chancellor, Rachel Reeves, has unveiled a £300million "Great British Summer Savings" package designed to ease the cost-of-living squeeze on families triggered by the war in Iran.
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Measures include cutting VAT on summer attractions like theme parks and children's meals, alongside a suspension of import tariffs on more than one hundred food products.
But the government has stopped short of offering an immediate winter energy bailout.
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The Chancellor Rachel ReevesGreat British Summer SavingsIran Subscribe
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