Payment to 20m homes part of package to help cut energy bills and ease cost-of-living crisis, paid for by bank windfall tax
John Healey promised to steer Britain through “global economic storms,” as he announced a package of measures to cut consumers’ energy bills, funded by a smaller-than-expected windfall tax on banks.
In his first budget, the chancellor said 20m households in council tax bands A to D would receive a £100 payment – a measure he said would cost £2.6bn.
Continue reading…Payment to 20m homes part of package to help cut energy bills and ease cost-of-living crisis, paid for by bank windfall taxBudget 2026: key points at a glanceBudget 2026 live – latest updatesJohn Healey promised to steer Britain through “global economic storms,” as he announced a package of measures to cut consumers’ energy bills, funded by a smaller-than-expected windfall tax on banks.In his first budget, the chancellor said 20m households in council tax bands A to D would receive a £100 payment – a measure he said would cost £2.6bn. Continue reading…