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. Continue reading...