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Will Healey’s budget tackle the cost of living? – podcast

The Guardian Politics Wednesday 28 October 2026, 18:20 UTC By Presented by Pippa Crerar and Kiran Stacey, music by Axel Kacoutié; the executive producer is Maz Ebtehaj 1 min read
Key Points

John Healey has delivered a ‘steady as she goes’ budget, with help for the cost of living a big theme. The chancellor promised a £100 energy payment for some households, extended the VAT suspension on electricity bills to next July and confirmed the scrapping of gas standing charges. But after months of the same old message of ‘hope in difficult times’, and many of the big decisions on tax and spending delayed until next year, what should we take away from today?

John Healey has delivered a ‘steady as she goes’ budget, with help for the cost of living a big theme. The chancellor promised a £100 energy payment for some households, extended the VAT suspension on electricity bills to next July and confirmed the scrapping of gas standing charges.

But after months of the same old message of ‘hope in difficult times’, and many of the big decisions on tax and spending delayed until next year, what should we take away from today?

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Healey (ORG) John Healey (PERSON) VAT (ORG)
Originally published by The Guardian Politics Read original →

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