Andy Burnham tells ministers "we need to be a cost of living government" as he holds his first cabinet meeting as prime minister.
Members of his top team are in No 10, including Chancellor John Healey, Home Secretary Shabana Mahmood and Housing Secretary Angela Rayner, BBC reports.
Earlier, Burnham announced that he was scrapping VAT on household electricity bills in October, saving a typical household about £45 a year - what we've heard so far.
This will be funded by scrapping Keir Starmer's digital ID scheme, No 10 says, but former minister Darren Jones argues the ID scheme was "unfunded".
Pushed on whether savings had been found for digital IDs, Business Secretary Jonathan Reynolds tells the BBC "they would have had to have been", calling today's announcement a "legitimate decision".
For many it will be a welcome, but still relatively small, reduction to bills. Whether it proves to be a cut to the total bill depends on wholesale energy prices.
