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Economy

Households to receive £100 payment to help with energy bills

Millions of households are to receive a £100 payment to help with energy bills, news organisations reported. Chancellor John Healey reportedly said the £100 would go to 20m households in bands A to D of council tax, at a cost of £2.6bn, funded by a windfall tax on banks.

Earlier stories

Times in UTC · written with AI · every story checked before publication
  1. EconomySouth Korea's economy outpaces forecasts on strong demand for chips
  2. EconomyGerman banks tighten business lending standards again as loan demand falls
  3. EconomyEuro area M3 money growth holds at 3.5% in September
  4. EconomyECB survey: euro area banks tighten credit to firms as loan demand falls
  5. EconomyESM prices first digital bond for settlement on Eurosystem's Pontes platform
  6. EconomyEuropean Commission launches T-MED platform with up to €4.5bn in EU guarantees
  7. EconomyMoody's leaves France's sovereign rating unchanged against expectations of a downgrade
  8. EconomyChancellor John Healey to outline UK tax plans in 28 October budget
  9. EconomyGreat Britain retail sales volumes estimated down 0.4% in September
  10. EconomyEuro area consumers' 12-month inflation expectations rise to 3.1% in September
  11. EconomyBank of Japan says banks can withstand stress, flags AI investment risks
  12. EconomyFrance's benchmark 10-year bond yield passes 5%, a first since 2002
  13. EconomyEnergy Department announces about $967 million in grid resilience grants
  14. EconomyEuro area current account surplus narrows to €9 billion in August
  15. EconomyGerman household financial assets rise €335 billion in second quarter, Bundesbank says
  16. EconomyEnergy Department to put up to $42 million into proposed Constitution Pipeline
  17. EconomyEnergy Department plans up to $50 million in defense funding for proposed Virginia grid project
  18. EconomyIstat: exports fell 1.5% and imports 1.6% in August
  19. EconomyAnnual inflation in Italy rose to 4.2% in September on energy prices
  20. EconomyBasel Committee tightens G-SIB rules to curb window dressing by banks
  21. EconomyProducer prices for final demand rose 1.3% in September, bureau says
  22. EconomyWhite House eases some Canada tariffs and adds new ones before midterms
  23. EconomyEuropean Banking Authority names USDC the EU's first significant e-money token
  24. EconomyRobert Hall and Michael Woodford win Nobel Prize in economics
  25. EconomyUS energy secretary issues emergency order to curb mid-Atlantic blackout risk
  26. EconomyDutch inflation rises to 3.4% in September as motor fuel prices climb
  27. EconomyBank of Japan survey: 58.2% say economy worse than a year ago
  28. EconomyEnergy Department authorizes emergency oil exchange of up to 4 million barrels
  29. EconomyVon der Leyen fully supports Zelenskyy's call for a ceasefire
  30. EconomyFed survey finds median family income up 7% from 2022 to 2025
  31. EconomyDutch factory output climbs 12.0% from a year earlier, biggest rise in over four years
  32. EconomyECB account shows markets fully priced in September rate hike
  33. EconomyAlaska power link planned with up to $150m in federal funding
  34. EconomyEuro sinks to lowest since May 2025 amid worries over French debt
  35. EconomyFive-year fixed mortgages average 6% for the first time in three years
  36. EconomyMiddle East oil exports, Iran aside, climb back to pre-war levels
  37. EconomyPedro Sánchez calls early election in Spain amid a housing crisis
  38. EconomyItaly's second-quarter growth confirmed at 0.2% after data revision
  39. EconomyThree quarters of Basel Committee members have adopted final Basel III rules