UK Budget: energy payments, abolition of gas charges and a rise in the minimum wage
Chancellor John Healey presented a budget with 'breathing space' measures for families amid a forecast rise in energy bills to £2,000 a year. One-off payments of £100, an extension of the VAT cut on electricity, the abolition of gas standing charges, higher minimum wage and pensions — and the abandonment of the plan to cut the cash Isa limit. Chancellor John Healey presented a budget with 'breathing space' measures for families against the backdrop of a forecast rise in energy bills to £2,000 a year. One-off payments of £100, an extension of the reduced VAT on electricity, the scrapping of gas standing charges, increases in the minimum wage and pensions — and the abandonment of a plan to cut the cash Isa limit.
Aziz Karimov