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Budget 2026: What it means for households, businesses, and the economy

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John Healey has announced a £100 payment for millions of households to help with energy bills this winter in his autumn Budget. The chancellor said around 20 million households in council tax bands A to D will get the payments into their bank accounts, with the support costing £2.6 billion. The payment comes with a cut to VAT on electricity being extended to July, taking £50 off the annual price cap. Watch more on Independent TV: https://tinyurl.com/yc7ukx9n The Independent is the world’s most free-thinking newsbrand, providing global news, commentary and analysis for the…

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The Independent Budget 2026: What it means for households, businesses, and the economy