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

https://mins.news/en/item/119765

- The Guardian, 2026-10-28 20:09 UTC
- Economy
- Original: https://www.theguardian.com/uk-news/2026/oct/28/budget-2026-healey-hikes-taxes-on-banks-and-landlords-to-fund-100-handouts-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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