#budget

Chancellor reported to plan over £1bn intervention to shield poorer households from rising energy bills

John Healey is reported to be preparing a major package in this month’s budget to help lower‑income households with energy costs, including boosting benefit discounts, amid forecasts of big bill rises in January.

11 Oct 20263 sources

Business

UK medium‑term borrowing costs reach highest level in 19 years

UK government yields on medium‑dated debt climbed to levels not seen in nearly two decades as a global sell‑off in bonds tied to worries about rising inflation raises pressure on Chancellor John Healey before his first budget.

9 Oct 20263 sources