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John Healey will deliver his maiden Budget today after addressing the Commons.

He has already spoken with the Cabinet, and is poised to announce a scraping of standing charges on electricity bills after announcing plans to axe the levy from households’ gas costs.

Mr Healey will examine whether he can remove the charges, dubbed a “poll tax on energy”, over the next year.

The news comes after he confirmed a Telegraph report that he would remove the charges from gas bills, saving 23 million homes around £45 each.

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