Thursday, November 5, 2026
Global events. Facts. Context.

Topic

Healey unveils UK Budget with energy aid and tax changes

On 28 October, Chancellor John Healey presented the government’s 2026 Budget, including household energy support, changes to wages and taxes, and plans for local revenue retention. The sources also report differing figures for how many households will receive a £100 energy payment.

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Healey sets out £285m local growth fund in UK devolution push

John Healey used his first UK Budget to set out a stronger transfer of tax powers and borrowing capacity to local leaders, backed by £285 million in new Good Growth funding and a £1.5 billion loan facility. The changes…