Official cabinet portrait of John Healey, Chancellor of the Exchequer, from July 2024. Politics Healey delivers first Budget with £100 energy payment and tax rises from April 2027 Mono Scoops 18h Chancellor John Healey delivered his first Budget on October 28, 2026, offering a £100 Household Energy Payment this winter and scrapping the gas standing charge, funded in part by a higher bank surcharge and income tax rises from April 2027. Read Full Story