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Cost of living

VAT cut to lower some family days out this summer

Rachel Reeves said VAT will fall from 20% to 5% on selected attractions, children’s meals and entertainment, but businesses will decide whether to pass on the savings

Household finances Raising a child in the U.S. now tops $300,000 through age 18, LendingTree finds A CBS News segment highlights the estimate and shares guidance on navigating the expenses, presented by Kelly O’Grady Apr 24, 2026