Budget 2026 Live: John Healey Says Budget Will Move Towards Cutting Energy Bills 'For Good'

TL;DR

Labour's Budget aims to cut energy bills permanently and ease costs for households and businesses.
Plans include a fuel duty freeze, reduced tariffs on foods like chocolate and beans, and a permanent higher tax-free mileage allowance.
The minimum wage is expected to rise by nearly four percent, and the Carers' Allowance 'cliff edge' will be scrapped.
Conservative, Reform UK, Green Party, and Liberal Democrat politicians have offered critiques and suggestions for the Budget.
Convenience store owners are urging action against illegal vape shops that are harming legitimate businesses.
The government is examining the possibility of scrapping standing charges on gas bills and moving green levies to general taxation.
The Budget will adhere to Labour's fiscal rules, requiring day-to-day spending to be financed by taxes and for public debt to fall as a share of the economy.

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