Budget 2026: Healey bets £700m on AI to boost British tech firms

The package, much of which was trailed ahead of Wednesday’s Budget, includes £120m for the AI Security Institute and £165m for biosecurity, as ministers seek to strengthen Britain’s defences against increasingly powerful…

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Budget 2026: Key points at a glance

Here is a summary of the main points. LIVE: Follow all the Budget coverage One-off £100 payment for up to 20 million households in council tax bands A-D in England to help deal with rising energy bills, with equivalent…

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Autumn Budget 2026 summary – how it affects small businesses

What measures will affect small businesses? We have more in the summary below. [embedded content] Key announcements Young Entrepreneurs Allowance Young entrepreneurs will get an allowance that covers a years’ worth of…

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‘Pretty bold’: Burnham jumps to defend Healey’s Budget

The Prime Minister said on Wednesday afternoon that the Chancellor delivered on support to British households and businesses. He told broadcasters: “It’s pretty bold to help 20m households with their energy costs through…

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London to get Bakerloo Line extension and Euston upgrade in devolution push

London mayor Sir Sadiq Khan will be handed powers to deliver the Bakerloo Line extension and a huge upgrade to Euston station as part of the government’s push for devolution, City AM can reveal. Under new plans to allow…

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Labour workers’ rights overhaul to inflict ‘negative’ hit on economy, OBR says

The government’s sweeping employment reforms in its landmark Employment Rights Act (ERA) have reduced the qualifying period for unfair dismissal to six months, removed the compensation cap, and strengthened trade union…

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Poll: What did you think of the 2026 Autumn Budget?

The fiscal event was the first test of new chancellor John Healey as the government continued to react to the economic damage from the Iran war. The price of energy was a major focus, as standing charges were removed…

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Autumn Budget 2026: Labour is treating London as a cash cow

Our world-beating financial services sector won’t stay in the City and Canary Wharf for long if it becomes uncompetitive. Instead of letting London’s key business sectors thrive, Labour punishes success, and every time…

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‘Jobs killer’: Gambling industry lashes out at Healey betting tax raid

The Betting and Gaming Council (BGC) warned that almost 1,000 betting shops and casinos could close or be put at serious risk, citing modelling commissioned from EY. “This is a deeply damaging decision and a blow to the…

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‘A pretty grim picture’: outlook for UK living standards slashed despite Healey’s budget

As John Healey announced his first budget, the Office for Budget Responsibility (OBR) issued its report showing a sharp downgrade for growth in 2027, household disposable incomes and the public finances, despite the…

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