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EconomyBudget 2026: John Healey offers £100 to households amid ‘global economic storms’

UK chancellor John Healey said 20 million households in council tax bands A to D would receive £100, and extended a VAT cut on electricity bills. He cancelled planned fuel duty rises, pledged to keep deficit-reduction plans on track, and announced higher bank levies and taxes on landlords and savers.

UK budgetenergy billscost of livingbank tax

TThe Guardian★★★☆☆2026-10-28 13:17Original

Budget 2026: John Healey offers £100 to households amid ‘global economic storms’
Budget 2026: John Healey offers £100 to households amid ‘global economic storms’Economy