EconomyBudget 2026: Key points at a glance

John Healey has presented his first budget, citing global uncertainty and the Iran war as pressures that have raised UK energy costs and interest rates. Measures to lower bills include extending a VAT cut, removing gas standing charges and paying a £100 energy grant to eligible households. The budget also sets out fiscal rules and forecasts for borrowing and growth.

UK budgetfiscal policyenergy billseconomic growth

TThe Guardian★★★☆☆2026-10-28 12:40Original