WATCH: Rachel Reeves announces Great British Summer Savings scheme

Rachel Reeves has announced a VAT cut from 20 per cent to five per cent on holiday attractions, including theme parks, zoos and museums, as part of her Great British Summer Saving scheme.

She said: "It will include children's tickets for cinemas, concerts, soft play and the theatre, and it will cut the cost of children's meals in restaurants and cafes from 20 per cent to five per cent as well.

"These changes will apply across the UK from the start of the Scottish school holidays on the 25th of June and run until the end of school holidays in England, Wales and Northern Ireland on the first of September."

WATCH ABOVE.