Budget 2026
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U.K News / US News
UK Defence Spending to Reach 3% of GDP by 2030 as Healey Sets Out NATO Funding Path
The UK will aim to spend 3% of GDP on defence by 2030, Chancellor John Healey confirmed in his first Budget on Wednesday 28 October 2026, setting a target date for a pledge that had previously been promised without a firm timetable. The announcement, made in the House of Commons, also restated Britain’s NATO commitment to spend 3.5% of GDP…
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U.K News / US News
UK Budget 2026 Energy Payment: £100 for 20 Million Households as Bank Surcharge Rises
Chancellor John Healey announced a £100 Household Energy Payment for about 20 million households in his first Budget on Wednesday 28 October 2026, funded in part by a temporary rise in the bank surcharge. The payment, worth £2.6 billion in total, will go to households in council tax bands A to D and will be paid directly into bank accounts.…
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UK Graduate Visa Stays at Two Years for High-Compliance Universities After Budget 2026
Chancellor John Healey used his first Budget on Wednesday, 28 October 2026, to soften one of the most closely watched changes facing international students in Britain. The UK Graduate visa will be set at two years for graduates of high-compliance universities where there are strong labour market outcomes, rather than falling to 18 months for everyone. The announcement lands just…
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