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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.

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TThe Guardian★★★☆☆2026-10-28 20:09Original

UK Budget 2026: Healey raises taxes on banks and landlords to fund £100 payments to 20m households
UK Budget 2026: Healey raises taxes on banks and landlords to fund £100 payments to 20m householdsEconomy