energy bills
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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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U.K News / US News
Sizewell C Called a ‘Terrible Deal’ for Taxpayers as MPs Warn Costs Could Hit £48bn
The Sizewell C taxpayer deal came under fierce attack on Wednesday, 28 October 2026, when MPs on the House of Commons Public Accounts Committee (PAC) called the Suffolk nuclear plant’s financing a terrible deal for the UK taxpayer. The committee warned that the cost of the Sizewell C reactor could spiral to almost £48 billion, leaving billpayers to carry billions…
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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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