Business & Economy
Healey gives households £100 to help navigate ‘global economic storms’
Source: Business | The Guardian · Published

Payments to 20m homes part of package to cut energy bills and ease cost of living crisis, paid for by bank windfall tax ‘A pretty grim picture’: outlook for UK living standards slashed despite Healey’s budget Budget 2026: key points at a glance John Healey promised to steer Brita
Payments to 20m homes part of package to cut energy bills and ease cost of living crisis, paid for by bank windfall tax ‘A pretty grim picture’: outlook for UK living standards slashed despite Healey’s budget Budget 2026: key points at a glance John Healey promised to steer Britain through “global economic storms” as he announced an energy giveaway of £100 to 80% of households in England, funded by a smaller than expected windfall tax on banks. In his first budget, the chancellor said 20 million households in council tax bands A to D would receive a £100 payment – a measure he said would cost £2.6bn. Continue reading...
Related stories

Your pay, energy bills and savings: How the Budget affects you
Changes announced by Chancellor John Healey in his first Budget will affect your finances directly. Here's how.
feeds.bbci.co.uk ·

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 ·

‘A pretty grim picture’: outlook for UK living standards slashed despite Healey’s budget
OBR cautions about Middle East war dragging down growth and triggering a fresh cost of living crisis Healey offers £100 payment to households to help navigate ‘global economic storms’ Budget 2026: key points at a glance Budget 2026 live – latest updates British households face a
Business | The Guardian ·

Healey tells departments to make 1% cuts to fund defence
The reduction in public spending will go towards paying for the Defence Investment Plan.
feeds.bbci.co.uk ·

Five ways the Budget will affect you if you are under 25
The chancellor announced a series of measures which will impact under-25 year-olds from housing to minimum wage.
feeds.bbci.co.uk ·