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The Chancellor has pledged targeted relief for the retail and hospitality sectors, alongside a significant wage hike for the nation’s lowest earners. As the government attempts to stimulate growth, the removal of energy standing charges signals a major shift in household fiscal support.

Amidst the turbulence of surging global borrowing costs and energy volatility, Chancellor John Healey has prioritised targeted support for the squeezed middle. The Treasury’s ‘steady as you go’ strategy aims to navigate the perils of a fragile geopolitical landscape under the leadership of Prime Minister Andy Burnham.
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