UK Chancellor John Healey offers £100 energy payment and extends fuel duty cut in Budget

Families in council tax bands A to D in England will receive a one-off £100 Household Energy Payment from January, funded by extra tax on banks. The Treasury confirms annual energy bills could rise by £300 or more in January, while the 5p temporary fuel duty cut on petrol and diesel, originally due to end in January, has been extended to July. The chancellor also scrapped plans to reduce the annual tax-free cash ISA allowance from £20,000 to £12,000 from April 2027.