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Budget 2026 live: £100 energy payment for millions and rise in bank tax as watchdog warns on stalling living standards
OBR says that living standards are forecast to rise by just 1% over the whole post-Covid decade Budget 2026: key points at a glance Martin Lewis said that, when he met John Healey this morning, the chancellor said that, having removed standing charges from gas bills, he would also like to get rid of them from electricity bills. Lewis said: The chancellor said he will be talking to Ofgem about how they get rid of the charge on electricity as well, but that is ‘trickier’ apparently and will take longer. Continue reading...

Will I get the £100 energy payment and when will I receive it?
Here is what you need to know about the payment that millions will receive from January.

Budget 2026 calculator: find out if you are better or worse off
Use our interactive tool to see how you have been affected by John Healey’s tax and spending announcements Healey keeps income tax thresholds frozen. How much more will you pay? Budget 2026: key points at a glance Budget 2026 live – latest updates Continue reading...

Budget 2026: Key points at a glance
John Healey has announced his first budget – here are the main points, with political analysis Healey offers £100 payment to households to help navigate ‘global economic storms’ UK growth forecast for 2027 slashed despite Healey’s budget measures Budget 2026 live – latest updates John Healey starts by saying that his budget is “delivered at a time when global uncertainties and pressures are swirling worldwide and hitting people here at home”. Healey says he will meet the fiscal rule that day-to-day spending must be covered by tax receipts, and the investment rule that government debt, defined as public sector net financial liabilities, must be falling as a percentage of GDP in the third year of the forecast. The government will have £15bn of headroom in 2029-30 and £22bn in 2030-31, according to the Office for Budget Responsibility, the government’s forecaster. Government borrowing will