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Thursday briefing: Everything you need to know about Burnham’s first budget
In today’s newsletter: There’s help on household energy bills and a modest bank tax, but big questions about t...
Energy bills
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How will John Healey’s energy support package affect you?
Chancellor’s ‘new course’ includes a £100 one-off payment, low-carbon upgrade loans and an end to standing cha...
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‘Scattergun’ budget will still leave Britons facing higher energy bills, says thinktank
Healey’s attempt to provide ‘breathing space’ gives rich almost as much as poor, says Resolution Foundation
Business
John Healey to end standing charges on gas bills for 23m homes
On budget day chancellor says he will ask Ofgem to remove ‘unfair and outdated’ fixed daily fee in 2027 or soo...
Business
Bank shares jump on reports budget bank tax will be ‘temporary and below 8%’ – business live
Rolling coverage of the latest economic and financial news
Business
Cost of balancing Great Britain’s power grid reaches nearly £50m a day
Grid operator paying large sums to switch off windfarms in areas of excess electricity generation while turnin...
Business
UK economy unexpectedly grows in August despite fall in consumer spending
Latest data showing surprise 0.1% growth is boost to John Healey a fortnight before his first budget
Business
Ofgem could force energy suppliers to pay rivals if they lure customers with cheaper deals
Regulator for Great Britain weighs up reintroducing market stabilisation charge to prevent firms going bust
Business
The ‘great grid upgrade’ is off track – ministers should spell out the risks for bills
National Audit Office calls for greater transparency on £70bn programme that is running over budget and behind...
Business
Speed up electricity grid upgrade or else face higher bills, warns UK watchdog
National Audit Office says failure to implement £70bn modernisation would also hold back economic growth