Cut to VAT and lump sum fuel payment to help with cost-of-living crisis 

Consumers have seen large rises in their energy bills this year.

The Government is to cut VAT on gas and electricity and provide a lump sum payment to those on the fuel allowance as part of a new cost-of-living package.

The three Coalition leaders met with Finance Minister Paschal Donohoe and Public Expenditure Minister Michael McGrath on Monday night to finalise a range of options to tackle soaring inflation and fuel bills.