Gas standing charges scrapped for 23 million UK homes in Budget
Here’s what it means for UK households Millions of UK households will save up to £45 a year on their bills, as Chancellor John Healey will abolish gas standing charges from 2027 in his first Budget. After the change takes effect, around 23 million homes will stop paying the fixed daily fee on their gas […]
1 week ago
Autumn Budget Live: Every major budget announcement as it happens
The first major milestone for Burnham’s government Welcome to our coverage of this year’s Autumn Budget and Andy Burnham’s first as UK prime minister. We’ll be bringing you all the latest developments as they come as well as all the biggest talking points. If this government manages to not leak the budget early, they’ll already […]
1 week ago
Minimum wage rise for under-21s set to slow in this week’s Budget
Smaller increases than in previous years As the Chancellor prepares Wednesday’s Budget, minimum wage increases for 18 to 20-year-olds will be smaller than in previous years, it has been revealed. As the BBC reports, workers aged 18 to 20 face a smaller pay rise than in the past two years. According to the Times, the […]
1 week ago
Everything to expect ahead of Autumn Budget set to be announced tomorrow
Chancellor faces pressure as first Budget approaches Energy bills, fuel duty and potential tax changes are among the key issues facing Chancellor John Healey as he prepares to deliver his first Autumn Budget tomorrow. With households continuing to feel the squeeze from rising living costs, the Government is under pressure to offer financial relief while […]
1 week ago
Millions of Brits set to get a pay rise this week – here’s who will be affected
UK minimum wage set for potential 2027 boost The UK has one of the highest minimum wages among advanced economies compared with average pay, after years of government efforts to raise the National Living Wage to two-thirds of median hourly earnings. However, the next planned increase could bring a change for younger workers, who have […]
1 week ago
What to expect from Autumn Budget set to be announced next week
Chancellor faces pressure as first Budget approaches Energy bills, fuel duty and potential tax changes are among the key issues facing Chancellor John Healey as he prepares to deliver his first Autumn Budget next Wednesday. With households continuing to feel the squeeze from rising living costs, the Government is under pressure to offer financial relief […]
2 weeks ago