AssetID: 56109161
Headline: UNCAPTIONED: Gas Bill Standing Charges To Be Scrapped For Millions Of Households
Caption: Gas Bill Standing Charges To Be Scrapped For Millions Of Households. Chancellor John Healey has announced that standing charges will be removed from household gas bills for millions of customers. The change is expected to take effect next year, or as soon as possible, and the Treasury says around 60% of households will save an average of £45 annually. However, the costs currently covered by standing charges will instead be added to the unit price of gas, meaning households using larger amounts could end up paying more. The announcement came hours before Healey delivers his first Budget, with the government under pressure over the cost of living and rising borrowing. The Budget, the first under Prime Minister Andy Burnham, will also include an increase in the minimum wage. Healey is expected to set out further tax and spending measures while seeking to reassure financial markets over Britain's debt levels. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,Gas bill,standing charges,scrapped,millions,households,england,UK,Chancellor,John Healey,customers,60%,save,average,45 pounds,Treasury,per year,annually,unit price of gas
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