EconomyUK Budget 2026: Healey raises taxes on banks and landlords to fund £100 payments to 20m households
Chancellor John Healey raised taxes on banks and income from property and savings to fund a £100 winter payment for 20 million households. The budget also cancels planned fuel duty rises and extends an electricity VAT cut. The independent forecaster warned of a grim outlook for living standards and virtually no growth in household disposable income.
UK Budget 2026: Healey raises taxes on banks and landlords to fund £100 payments to 20m households
Economy