Ticket prices for families at various attractions such as theme parks, zoos and museums will be cheaper during the summer holidays through a cut to VAT, the chancellor has said.

Rachel Reeves announced a temporary reduction in VAT from 20% to 5% from when schools break up in Scotland at the end of June until children return to classrooms in England, Wales and Northern Ireland on 1 September.

The discount, which will be up to businesses to pass on to customers, will also apply to children’s entry to cinemas, soft play and theatres, as well as children’s meals in restaurants and cafes.

The VAT cut was part of a flurry of government policy announcements aimed at easing cost of living pressures.

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