AGP Executive Report
Last update: 2 hours agoAutumn Budget: Chancellor John Healey announced £100 energy payments for 20 million households and higher taxes on bank profits to help fund bill relief. But the OBR warns real household incomes will fall next year, with growth forecast to slow to 1% in 2027. Rosebank Row: Labour MPs are urging the Prime Minister not to overrule Energy Secretary Miatta Fahnbulleh if she blocks the oilfield, exposing a Cabinet split over climate policy. Devolution: The Budget advances plans for elected mayors across England, with new powers and a share of income tax and business rates. Scotland’s Hydro Investment: The sector says at least £10bn of projects is at risk while a 13-year business-rates dispute remains unresolved. Stormont Finances: Northern Ireland’s finance minister says the Budget’s £131m boost falls short, while a £117m capital-funding reduction adds pressure; ministers have also warned Stormont it could lose further money without an agreed budget. Homelessness: The UK government pledged another £432m to tackle rough sleeping in England, prompting calls for Scotland to step up support.
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