Healey unveils £100 for energy bills and bank tax in first Budget

Chancellor of the Exchequer John Healey presented his first budget, which included £100 support for energy bills and a tax increase on banks. Bloomberg reported that Healey defended the budget against criticism it lacked ambition and stated the bank tax would be temporary. The budget contained measures to address cost of living pressures, according to Bloomberg, though the BBC reported opposition parties said Healey had not been bold enough.

• BBC — Healey unveils £100 for energy bills and bank tax in first Budget
• Bloomberg — Healey Defends UK Budget, Warns 'Tough Decisions' Ahead
• Bloomberg — Defense Gets Most Mentions in UK Budget Since World War Two

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