The government has confirmed the immediate removal of standing charges from domestic gas bills, a move set to take effect before the Budget is delivered. The decision, revealed by the chancellor, aims to reduce costs for households by eliminating the fixed daily fee applied regardless of usage. With energy prices already under scrutiny, this change could provide short-term relief amid rising financial pressures. Details on how the policy will be implemented and its broader impact on energy bills remain pending.
The chancellor announced that standing charges are to be scrapped from household gas bills hours ahead of the Budget.