UK chancellor Healey announces £100 energy payment for 20m homes
Briefing by News4U · First published
In Budget 2026 remarks reported at twelve-forty UTC on 28 Oct 2026, Chancellor John Healey said 20m households in council tax bands A to D will receive a £100 energy payment costing £2.6bn, while banks face an extra 3% surcharge for 15 months.
UK Chancellor John Healey, in Budget 2026 remarks reported at twelve-forty UTC on 28 Oct 2026, said 20m households in council tax bands A to D will receive a £100 energy payment paid directly into bank accounts. He said it will cost £2.6bn. [1]
Healey said banks will pay an extra 3% on the bank surcharge for 15 months from January. He confirmed abolishing standing charges on gas bills for 23m homes, a move the government says will save two-thirds of households an average of £45 a year. [1]
He said the budget is delivered at a time when global uncertainties and pressures are swirling worldwide and hitting people here at home, and that the administration will steer through global economic storms. [1]
Sources
- Budget 2026: key points at a glance
The Guardian · · Full text