Healey announces £100 for energy bills and a bank tax in first Budget
Chancellor Healey set out a Budget with £100 toward energy bills and a tax on banks, and opposition parties say it does not go far enough.
The UK chancellor, named by the BBC as Healey, presented his first Budget with £100 for energy bills and a tax on banks, the BBC reports.
The BBC says the measures aim to ease the cost of living during global economic turmoil. Opposition parties say he has not been bold enough.
Al Jazeera ran a preview earlier in the day. It described the event as the first budget of Burnham's government. It said the chancellor would present an autumn budget as living costs and energy bills rise.
The reports give no further detail on the energy payment, the bank tax or other measures.
Reported by
- Al JazeeraBurnham’s government unveils its first UK budget: What to expectWed, Oct 28, 6:42 AM EDT
- BBC NewsHealey unveils £100 for energy bills and bank tax in first BudgetWed, Oct 28, 2:45 PM EDT
This story was written by AI using only the reports listed above, and published without a person reviewing it first. It is rewritten as new reports arrive. Read the original reporting for full detail. Spot an error? Tell us.