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Healey accused of a ‘complete failure’ to target energy bill support at those most in need – UK politics live

Healey accused of a ‘complete failure’ to target energy bill support at those most in need – UK politics live

Summary

The Resolution Foundation criticized Chancellor John Healey’s budget, saying energy-bill support was poorly targeted and long-term spending plans could squeeze public services. It also said typical working-age household incomes are forecast to fall by £1,050, or 3%, between 2026-27 and 2028-29.

Key Facts

  • The Resolution Foundation said the poorest half of households would receive an average of £158 in cost-of-living support this year and next, compared with £144 for the richest half.
  • The thinktank described the difference in support as a failure to direct help toward households most in need.
  • The Resolution Foundation said spending plans after 2028-29 could put pressure on 13 departments not protected by spending commitments.
  • Its analysis said funding for those departments could fall to 4.7% of GDP by 2031-32 if defence spending reaches 3% of GDP and real health spending grows by 2.6%.
  • The Resolution Foundation forecast that median real disposable incomes for working-age households would fall by £1,050, or 3%, from 2026-27 to 2028-29.
  • Healey told broadcasters he would cut welfare spending before the next election and take a tough approach to young people.
  • The Institute for Fiscal Studies and the Resolution Foundation were scheduled to publish assessments of the budget.
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