Cost of Living
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U.K News / US News
UK Budget 2026 Summary: £100 Energy Payments, Bank Tax Rise and Pension Tax Allowance Explained
Chancellor John Healey delivered his first Budget on Wednesday, 28 October 2026, promising a package to help households through what he called global economic storms. The headline measure is a £100 payment for 20 million households, funded in part by a higher tax on banks, alongside a new pension tax allowance and a rise in the minimum wage. Healey, serving…
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U.K News / US News
UK Budget 2026: What John Healey Is Expected to Announce on Wednesday 28 October
Chancellor of the Exchequer John Healey is due to deliver his first Budget on Wednesday, 28 October 2026, in London, in the first Budget under Prime Minister Andy Burnham. The statement will set out how the Government plans to balance support for households with defence commitments and tight public finances, and it arrives as voters watch everyday prices, energy bills…
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