Business

UK Chancellor Announces Energy and Bank Tax Measures

Updated 2026-10-28 20:05 UTC 2 sources Negative

Chancellor Healey unveiled a £100 energy bill rebate and bank tax in the first Budget, addressing cost-of-living concerns. Opposition parties criticized the measures as insufficient.

Coverage timeline — 2 articles

BBC News

Healey unveils £100 for energy bills and bank tax in first Budget

The chancellor targets the cost of living amid global economic turmoil but opposition parties say he has not been bold enough.

2026-10-28 18:45 UTC

The Guardian

Politics live: Chalmers calls social media a ‘business model for hate’; half of young Australians say US a ‘threat’

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2026-10-28 19:49 UTC