Category: Economic policy

Budget 2026: Healey hikes taxes on banks and landlords to fund £100 handouts to 20m households

Few surprises as chancellor uses low-key speech blaming ‘global economic storms’ for stoking energy prices and cost of living crisisBudget 2026: key points at a glanceBriefing: key questions answered by Heather Stewart and Pippa...

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Budget 2026 live: £100 energy payment for millions and rise in bank tax as watchdog warns on stalling living standards

OBR says that living standards are forecast to rise by just 1% over the whole post-Covid decadeBudget 2026: key points at a glanceMartin Lewis said that, when he met John Healey this morning, the chancellor said that, having...

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What you need to know about Your First Home scheme for first-time buyers

Chancellor fleshes out details of scheme unveiled last month to help 70,000 households on to the property ladderBudget 2026: key points at a glanceIncome tax: How much more will you pay?Nils Pratley: Labour’s modest reheat of...

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Budget 2026 live: chancellor says scrapping of gas standing charges will save 60% of homes £45 a year

John Healey says UK faces ‘difficult moment’ as he prepares to deliver first budget of Andy Burnham’s governmentYou be the chancellor: play our budget game to see if you can balance the booksGood morning. When Andy Burnham...

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Burnham in danger of sleepwalking into climate disaster, say campaigners

Letter to PM argues series of wrong choices on North Sea oil, Heathrow, EVs and heat pumps will scupper net zero plansAndy Burnham will “sleepwalk” into climate disaster if he fails to get a grip on a series of important...

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No 10 plays down UK joining EU single market after Burnham suggests referendum would be needed – as it happened

The prime minister previously said that he wanted a debate on how Britain can establish a closer relationshipSpeaking at his rough sleeping summit in Downing Street this morning, Andy Burnham expanded on the claim he made on...

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No 10 plays down UK joining EU single market after Burnham suggests referendum would be needed – UK politics live

The prime minister previously said that he wanted a debate on how Britain can establish a closer relationshipSpeaking at his rough sleeping summit in Downing Street this morning, Andy Burnham expanded on the claim he made on...

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Healey is expected to shield low-income pensioners from income tax – but how will it work?

Retirees will get a personal allowance aligned with the new state pension, but experts say it could get complicatedRetirees in the UK on low incomes are expected to be given a new personal allowance so that they do not have to...

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I would like to rejoin EU, says Burnham, but ‘British public are the bosses’ – UK politics live

PM says talking about changing the relationship with the bloc would not be divisive but ‘can start to bring people together’Good morning. Andy Burnham started budget week with an interview on ITV’s Good Morning Britain with...

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Cutting ‘red tape’ is nothing but a red herring – and arguably counterproductive | Heather Stewart

Blaming a moribund economy on too many rules is a hackneyed neoliberal trope – UK plc needs smarter regulation, not less regulationBefore becoming prime minister, Andy Burnham pledged to “end 40 years of neoliberalism”. But as...

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