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UK Treasury chief faces headwinds as he delivers first budget under new Prime Minister, Andy Burnham

  • UK Chancellor John Healey delivered his first Budget under Prime Minister Andy Burnham amid high borrowing costs and limited fiscal headroom.
  • The Budget extended the fuel-duty cut until July 2027 and increased the minimum and living wages by 3.9% for 2.3 million workers.
  • The government plans to remove gas standing charges for about 23 million homes, potentially saving 60% of households roughly £45 annually.
  • Northern Ireland will receive an additional £270 million for public services, along with £7.5 million for artificial intelligence and cybersecurity.
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Daily Mirror broke the news in London, United Kingdom on Sunday, October 25, 2026.
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