Autumn Budget 2026 live updates: John Healey scraps standing charges for gas bills

John Healey will scrap standing charges on gas bills for millions of Britons in the Budget this afternoon, the government has announced.
The Chancellor had promised to get ‘energy costs down for good’ and provide ‘breathing space’ for hard-pressed families.
Standing charges, which cover the cost of delivery to homes and businesses, are the feature of energy bills people complain about most, according to energy companies.
They will be scrapped from next year ‘or as soon as possible after’, the Treasury said this morning.
Instead, fixed costs will be paid on the unit rate, with the government estimating that 60 per cent of UK households will save an average of £45 per year.
Mr Healey will deliver his Budget statement to the House of Commons at around 12.30pm, amid mounting pressure to ease the cost-of-living crisis, boost Britain’s struggling economy and plug a multibillion-pound hole in the public finances.
The Chancellor is expected to announce further measures targeting fuel duty and businesses, while speculation mounts over a potential tax raid on banks.
Follow the Daily Mail’s live coverage below.
What can expect to hear on Defence spending?
Healey to launch a raid on banks
Martin Lewis emerges from Chancellor’s residence
What will not be in the Budget?
Breaking:Standing charges to be scrapped from household gas bills
Healey quit the government over defence spending – will he now follow through?
Chancellor to duck much-needed welfare reforms – and increase handouts by £6m
What can we expect to hear today?
Burning the midnight oil in Number 11
What has the Chancellor said about the Budget?
What challenges does the Chancellor face ahead of the Budget?
What time does the Budget 2026 announcement start?
