AGP Executive Report
Last update: 9 hours agoBudget and Bills: Chancellor John Healey’s first Budget promises a one-off £100 winter energy payment for 20 million households in England, alongside lower electricity charges. A temporary bank-tax increase and higher taxes on gambling, savings and property income will help fund support as energy costs and borrowing pressures rise. Housing: The Budget adds £1.5bn for social and affordable homes and £4.7bn for a first-home loan scheme. But the OBR expects housebuilding to fall to 219,000 homes in 2027–28, citing construction costs and regulatory pressures. Devolved Funding: Wales is due £450m more, though ministers warn of a real-terms cut. Stormont is urged to agree a budget to access an additional £131m, including support for energy payments. NHS Accountability: Ministers updated Parliament on work to implement Lord Mann’s recommendations for tackling antisemitism and racism in the health service.
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