{"id":345680,"date":"2026-05-22T00:00:23","date_gmt":"2026-05-21T23:00:23","guid":{"rendered":"https:\/\/www.newsisc.com\/videos\/will-rachel-reeves-summer-tax-cuts-make-a-difference-to-the-cost-of-living-bbc-newscast\/"},"modified":"2026-05-22T00:00:23","modified_gmt":"2026-05-21T23:00:23","slug":"will-rachel-reeves-summer-tax-cuts-make-a-difference-to-the-cost-of-living-bbc-newscast","status":"publish","type":"post","link":"https:\/\/www.newsisc.com\/videos\/will-rachel-reeves-summer-tax-cuts-make-a-difference-to-the-cost-of-living-bbc-newscast\/","title":{"rendered":"Will Rachel Reeves&#8217; summer tax cuts make a difference to the cost of living? | BBC Newscast"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/i4.ytimg.com\/vi\/7wuTeIOLW3o\/hqdefault.jpg\" alt=\"Will Rachel Reeves' summer tax cuts make a difference to the cost of living? | BBC Newscast\"><br \/> <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/7wuTeIOLW3o\" frameborder=\"0\" allowfullscreen><\/iframe> <\/p>\n<p>The chancellor Rachel Reeves has announced a series of measures aimed at reducing the costs for families in the summer holidays. <\/p>\n<p>Ticket prices for families at various attractions such as theme parks, zoos and museums will be cheaper during the summer holidays through a cut to VAT, the chancellor has said. The government didn\u2019t however announce any major package of support aimed at energy costs. <\/p>\n<p>On Thursday it was also revealed that UK migration had dropped to 171,00 almost half of 2024\u2019s figure. Adam, Chris, Joe Pike and Helen Miller from the Institute for Fiscal Studies discuss. <\/p>\n<p>00:00 Intro<br \/>\n00:35 What is Rachel Reeves\u2019 summer VAT cut?<br \/>\n02:19 Will the cuts really help families?<br \/>\n04:03 Is this a cost of living crisis or an income growth crisis?<br \/>\n09:05 Why wasn\u2019t there more help on energy bills?<br \/>\n11:45 Net migration to the UK falls sharply<br \/>\n15:12 Can governments fix long-term problems quickly enough?<br \/>\n17:48 Wes Streeting\u2019s podcast comments<br \/>\n18:45 Why is capital gains tax back in the spotlight?<br \/>\n23:50 Can capital gains tax reforms really raise \u00a312 billion?<br \/>\n26:36 The Labour party\u2019s next direction<br \/>\n28:29 Outro<\/p>\n<p>Subscribe to our channel here: https:\/\/bbc.in\/bbcnews<\/p>\n<p>For the latest news download the BBC News app or visit BBC.com\/news<\/p>\n<p>#BBCNews<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The chancellor Rachel Reeves has announced a series of measures aimed at reducing the costs for families in the summer holidays. Ticket prices for families at various attractions such as theme parks, zoos and museums will be cheaper during the summer holidays through a cut to VAT, the chancellor has said. The government didn\u2019t however [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":345681,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[128810],"tags":[130468,130688,135543],"actors":[],"class_list":["post-345680","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bbc-news","tag-chancellor","tag-rachel","tag-reeves"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Will Rachel Reeves&#039; summer tax cuts make a difference to the cost of living? | BBC Newscast | News ISC Videos<\/title>\n<meta name=\"description\" content=\"Watch Will Rachel Reeves&#039; summer tax cuts make a difference to the cost of living? | BBC Newscast for free, here on News ISC. 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