UK Prime Minister Andy Burnham has unveiled his first major policy after taking office, announcing the removal of VAT on household electricity bills to help ease the cost of living crisis. The new government says the tax cut will provide financial relief to families while maintaining fiscal responsibility. Burnham also outlined plans for regional decentralization and promised further measures to reduce everyday living costs across the United Kingdom.

New UK Prime Minister Andy Burnham announces tax relief and cost of living measures

The Malaysian government announced a significant pay increase for civil servants in a move to address rising living costs.

Malaysia announces 13%+ salary increase for civil servants

Spiralling living costs are hurting Europeans amid historic inflation. The European central bank had to hike interest rates to control the economic mess.

Europe's historic inflation: Spiralling living costs hurt Europeans

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