Budget 2026: John Healey offers £100 payment to households to help navigate ‘global economic storms’
Cash to 20m households part of package to help cut energy bills and ease cost-of-living crisis Budget 2026: key points at a glance Budget 2026 live – latest updates John Healey promised to steer Britain through “global economic storms,” as he announced a package of measures to cut consumers’ energy bills in his first budget. The chancellor said 20m households in council tax bands A to D would receive a £100 payment – a measure he said would cost £2.6bn.
A VAT cut on electricity bills will be extended to next July, added Healey.
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The GuardianSource headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-10-29. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.