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Budget 2026 live: Healey delivers first budget of Burnham’s government

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Healey’s first budget aims to remove standing charges from electricity bills, following their removal from gas, to lower household energy costs.

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Chancellor setting out government’s spending plans in the House of CommonsMartin Lewis said that, when he met John Healey this morning, the chancellor said that, having removed standing charges from gas bills, he would also like to get rid of them from electricity bills. Lewis said:The chancellor said he will be talking to Ofgem about how they get rid of the charge on electricity as well, but that is ‘trickier’ apparently and will take longer. Continue reading...

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