UK government proposes VAT cut to ease pain of rising prices -The Times

Prime Minister Boris Johnson's chief of staff Steve Barclay suggested reducing the 20% headline rate of the tax, the report said, adding a temporary cut would reduce the tax bill for millions.

The British government did not immediately respond to Reuters' request for comment outside regular business hours.

(Reporting by Rhea Binoy in Bengaluru; Editing by Chris Reese)