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Budget 2026: £100 energy payment for millions and rise in bank tax as watchdog warns on stalling living standards – as it happened

Source: World news | The Guardian · Published

Budget 2026: £100 energy payment for millions and rise in bank tax as watchdog warns on stalling living standards – as it happened
Source: World news | The Guardian

OBR says that living standards are forecast to rise by just 1% over the whole post-Covid decade Budget 2026: key points at a glance Martin Lewis said that, when he met John Healey this morning, the chancellor said that, having removed standing charges from gas bills, he would als

OBR says that living standards are forecast to rise by just 1% over the whole post-Covid decade Budget 2026: key points at a glance Martin Lewis said that, when he met John Healey this morning, the chancellor said that, having removed standing charges from gas bills, he would also like to get rid of them from electricity bills. Lewis said: The chancellor said he will be talking to Ofgem about how they get rid of the charge on electricity as well, but that is ‘trickier’ apparently and will take longer. Continue reading...

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Labour's 2026 budget in under three minutes – video
Business & Economy

Labour's 2026 budget in under three minutes – video

In his first budget, the chancellor, John Healey, said 20m households in council tax bands A to D would receive a £100 payment, at a cost of £2.6bn. The VAT cut on electricity bills was extended until July and, as widely expected, fuel duty rises pencilled in by Rachel Reeves wer

Business | The Guardian ·