Budget 2026 speech as delivered by Chancellor John Healey. This is a Budget for the working people of Britain.

Healey delivered his maiden UK Budget on October 28, 2026, unveiling a £100 household energy payment for 20 million families, tax hikes on banks and landlords, and a new pension tax allowance

“breathing space for today, and fresh hope for the future”

"This is a budget for the working people of Britain, for British businesses, big and small, delivered at a time when global uncertainties and pressures are swirling worldwide and hitting people here at home. A budget built on fiscal discipline, which matches immediate action today, with clear direction for the future."

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