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Budget 2026: Healey hikes taxes on banks and landlords to fund £100 handouts to 20m households

Few surprises as chancellor uses low-key speech blaming ‘global economic storms’ for stoking energy prices and cost of living crisis

John Healey raised taxes on banks and landlords to fund a £100 winter handout for 20 million families as official forecasts made clear there is no end in sight for the cost of living crisis.

In his first budget, the chancellor blamed “global economic storms” for the grim outlook, as the war in Iran drives up oil and gas prices.

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© Photograph: House of Commons/AFP/Getty Images

© Photograph: House of Commons/AFP/Getty Images

© Photograph: House of Commons/AFP/Getty Images

Another Labour Benefits Street Budget

28 October 2026 at 17:00

Labour Chancellor John Healey has hit struggling workers, savers and landlords as he drives the tax burden to a new record high to fund energy bailouts and a mushrooming welfare bill in his Budget today.

The post Another Labour Benefits Street Budget appeared first on The Daily Sceptic.

Digital panopticon: ‘When you work faster, you have to work even faster’ Amazon workers tell MEPs on AI work surveillance

28 October 2026 at 16:56

The European Parliament’s employment committee has highlighted the need for regulating automated control of workers after visiting Amazon warehouses in Germany and Poland this week.

Seven of the committee MEPs visited Amazon warehouses employing some 5,000 workers on Monday and Tuesday (26-27 October) ahead of the Commission’s Quality Jobs Act proposal expected in December.

The trip follows the committee’s hearing on working conditions in Amazon in January, where workers raised concerns about efficiency goals, safety, and surveillance using AI tools, which may be regulated more rigorously as a part of the upcoming act.

According to a 2023 survey by UNI Europa, a labour union federation, about a half of Amazon’s employees said their work had a negative impact on their mental and physical health.

Workers’ progress throughout the day is usually watched through security cameras, but also the work badges scanned in check points in various locations in the warehouse, and scanning devices used to identify products. 

In the city of Sosnowiec, home to one of Amazon’s Polish warehouses, employees are overworked by “constant pressure of being judged, which is very hard to cope with mentally,” Agata Wypiór, recently-named vice secretary of Amazon’s European Works Council and Solidarność union leader told EUobserver.

Leaving worker management and performance monitoring to algorithms means “these processes become almost invisible,” Li Andersson, head of the delegation, told EUobserver.

“The way the workers describe it, it sounds like a digital panopticon: when you work faster you have to work even faster.“ 

Workers themselves often do not know what data is collected on them and how it is being used to set productivity targets, Anderssen highlighted. 

This article continues, but the full version is available only to EUobserver.com subscribers. Visit account.euobserver.com/membership

Tory Brexit was ‘harder’ than promised in EU referendum, says Andy Burnham

Prime minister warns cabinet not to express opinions about future relationship with Brussels before review of options

Andy Burnham has warned ministers not to express their opinions about how the government should approach Brexit, as he argued that the Conservatives’ deal with Brussels had been more extreme than that promised in the 2016 referendum.

In another series of announcements connected to his plan to seek closer links with the EU, Burnham told ministers at a cabinet meeting on Wednesday that the current deal was a bad one, before writing to frontbenchers setting out his hopes to address this.

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© Photograph: House of Commons/Reuters

© Photograph: House of Commons/Reuters

© Photograph: House of Commons/Reuters

Tory Brexit was ‘harder’ than promised in EU referendum, says Andy Burnham

Prime minister warns cabinet not to express opinions about future relationship with Brussels before review of options

Andy Burnham has warned ministers not to express their opinions about how the government should approach Brexit, as he argued that the Conservatives’ deal with Brussels had been more extreme than that promised in the 2016 referendum.

In another series of announcements connected to his plan to seek closer links with the EU, Burnham told ministers at a cabinet meeting on Wednesday that the current deal was a bad one, before writing to frontbenchers setting out his hopes to address this.

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© Photograph: House of Commons/Reuters

© Photograph: House of Commons/Reuters

© Photograph: House of Commons/Reuters

The Chancellor’s 6p Per Day Supermarket Bill Saving Will Make All the Difference

28 October 2026 at 13:00

The economy may be going to hell in a handcart, but at least John Healey has cut 6p from the daily supermarket bill. That will make all the difference to beleaguered households, says Alexander McKibbin.

The post The Chancellor’s 6p Per Day Supermarket Bill Saving Will Make All the Difference appeared first on The Daily Sceptic.

Budget 2026: key points at a glance

John Healey is announcing his financial update – here are the main points, with political analysis

John Healey starts by saying that his budget is “delivered at a time when global uncertainties and pressures are swirling worldwide and hitting people here at home”.

Healey says he will meet the fiscal rule that day to day spending must be covered by tax receipts and the investment rule that government debt, defined as public sector net financial liabilities, must be falling as a percentage of GDP in the third year of the forecast.

The government will have £15bn of headroom in 2029-30 and £20bn in 2030-31, according to the Office for Budget Responsibility, the government’s forecaster.

Government borrowing will be 4.2% of GDP this year, 3.4% next year, then 2.9% and 2.1% 1.8% by 2030-31, the OBR says.

Predictions of slowing growth were wrong, Healey says. The OBR says GDP will grow by 1.2% this year, 1% next year, 1.6% in 2028, 1.8% in 2029, 1.7% in 2030, 1.6% in 2031. In March the OBR had predicted GDP growth of 1.1% in 2026, rising to 1.6% in 2027 and 2028, and dropping to 1.5% in 2029 and 2030.

Government debt is forecast to be 83.2% of GDP this year, 83.8% next year, and then falling to 83.1%, 82.3% and 81.7% in the following years.

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© Composite: PA;EPA;Getty

© Composite: PA;EPA;Getty

© Composite: PA;EPA;Getty

Budget 2026: £100 energy payment for millions and rise in bank tax as watchdog warns on stalling living standards – as it happened

OBR says that living standards are forecast to rise by just 1% over the whole post-Covid decade

Martin Lewis said that, when he met John Healey this morning, the chancellor said that, having removed standing charges from gas bills, he would also like to get rid of them from electricity bills. Lewis said:

The chancellor said he will be talking to Ofgem about how they get rid of the charge on electricity as well, but that is ‘trickier’ apparently and will take longer.

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© Photograph: House of Commons/UK Parliament/PA

© Photograph: House of Commons/UK Parliament/PA

© Photograph: House of Commons/UK Parliament/PA

Yvette Cooper drops plans to abolish NHS patient champion after outcry

Exclusive: Health secretary to extend role of watchdog, which backers say helps hold service in England to account

Yvette Cooper has abandoned plans to abolish the NHS’s independent patient champion after an outcry from MPs across the political spectrum.

The health secretary has decided to keep and extend the role of Healthwatch England, which was due to be axed as part of the government’s reorganisation of the health service in England.

axe the Health Services Safety Investigations Body.

end councils’ automatic representation on the boards of ICBs.

remove the requirement for a nurse on every NHS foundation trust board.

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© Photograph: SolStock/Getty Images

© Photograph: SolStock/Getty Images

© Photograph: SolStock/Getty Images

Wednesday briefing: We asked you - what do you want from the Burnham government’s first budget?

28 October 2026 at 06:43

In today’s newsletter: First Edition readers and people struggling with the cost of living tell us what the government could do to improve their lives

Good morning. Don’t expect anything radical. This, the Treasury has been at pains to tell us, will be a very “low-key” budget. After weeks of speculation from journalists, a flurry of press releases from thinktanks, and a photoshoot with an obligatory red box, the chancellor, John Healey, will announce the details of the Burnham government’s first budget in the Commons today at 12:30pm.

Healey has been selling this as a series of measures designed to relieve pressure on low- and middle-income households under the mangled tagline of “breathing space for today, fresh hope for the future”. Many of the proposals have already been briefed, and their modesty is a sign of the constraints – both real and self-imposed – that his government faces. He has rejected calls to raise capital gains tax or lower the mansion tax and has promised to stick to Labour’s fiscal rules, while the Iran war has increased the cost of borrowing and eroded his spending power.

Israeli elections | Israel could be in for weeks of political haggling after exit polls and partial official results showed neither Benjamin Netanyahu’s coalition nor the opposition bloc led by former general Gadi Eisenkot had won enough seats to form a government.

Energy | The government’s plan to fund a multibillion-pound nuclear plant at the Sizewell site in Suffolk represents a “terrible deal” for the UK taxpayer over the rest of the century, according to the government’s spending watchdog.

Middle East | A multipronged peace deal to reopen the strait of Hormuz within four days of sanctions being lifted and for the Houthis to withdraw substantial forces inside Yemen are at the heart of Gulf states’ plans to avert what they regard as a disastrous renewal of war between Iran and the US.

UK news | A 78-year-old volunteer has claimed a Reform UK councillor accused her of “facilitating the invasion” and being akin to a Nazi collaborator during the second world war because she has helped asylum seekers learn English.

Brazil | The far-right senator Flávio Bolsonaro has reportedly fled Brazil and is on his way to the United States after losing Sunday’s presidential election to the leftwing incumbent, Luiz Inácio Lula da Silva.

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© Photograph: Kirsty O’Connor/Treasury

© Photograph: Kirsty O’Connor/Treasury

© Photograph: Kirsty O’Connor/Treasury

Chancellor targets cost of living crisis in budget for a ‘difficult moment’

Healey hopes to give ‘hope for the future’ but only modest policies are expected with important decisions deferred

John Healey has acknowledged the UK faces a “difficult moment” but insisted he would put the country on a better path as he delivers his first budget on Wednesday against a turbulent global economic backdrop.

But despite the international uncertainty, the chancellor will signal “fresh hope for the future” as he attempts to sound a more optimistic note, by providing households with breathing space from rising cost of living pressures.

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© Photograph: Kirsty O’Connor/Treasury

© Photograph: Kirsty O’Connor/Treasury

© Photograph: Kirsty O’Connor/Treasury

“I’m Turning My Farm Over to Solar Panels to Survive Labour’s Tax Raids”

27 October 2026 at 17:27

Farmers say they are turning prime agricultural land over to solar panels to survive Labour's tax onslaught because the Net Zero installations pay 10 times as much as food production, which is now often loss-making.

The post “I’m Turning My Farm Over to Solar Panels to Survive Labour’s Tax Raids” appeared first on The Daily Sceptic.

World Day Against Child Labour

Written by Silvia González Vidal.

The International Labour Organization (ILO) introduced the World Day Against Child Labour in 2002. The day is observed annually on 12 June. The 2026 World Day focuses on reinforcing and accelerating actions aimed at preventing and eliminating child labour, with a key message: ‘Red Card to Child Labour: Fair play for children, decent work for adults’.

Background

The United Nations (UN) defines child labour as work performed by children under the minimum legal age specified for that kind of work, or work that, because of its hazardous nature or detrimental conditions, is prohibited. Forms of work that are beneficial to a child’s personal and social development, that do not interfere with schooling, but rather provide useful experience and skills, may be encouraged. Child labour is driven by poverty, paired with a lack of access to decent work for adults and young people, weak social protection and a lack of free, high-quality public education.

Addressing root causes and advancing social justice were at the heart of the Sixth Global Conference on the Elimination of Child Labour, held in Morocco in February 2026, in the context of the failure to achieve the Sustainable Development Goal (SDG) Target 8.7 on ending child labour by 2025. The Conference adopted the Marrakech Global Framework for Action against Child Labour, a renewed roadmap aimed at eliminating child labour by 2030 through a human rights-based approach centred on social dialogue and multi-sectoral cooperation. The Marrakech commitments prioritise aligning national legal frameworks with international labour standards, ensuring universal access to quality education, and expanding social protection systems. They also highlight the unique challenges within the African region, the agricultural sector, one of the largest for child labour, and the emerging threat of online exploitation.

World Day Against Child Labour 2026

The 2026 World Day Against Child Labour comes after the Sixth Global Conference on the Elimination of Child Labour. Building on the Marrakech commitments, the 2026 campaign carries the message ‘Red Card to Child Labour: Fair play for children, decent work for adults‘, highlighting the link between child labour, poverty, and the lack of adequate work opportunities for adults. At the same time, it emphasises the shared responsibility of governments, employers, workers’ organisations, businesses and consumers, aiming to encourage governments and international partners to translate the Marrakech commitments into concrete national measures ahead of the 2030 deadline.

According to the International Labour Organization (ILO) and UNICEF, 138 million children worldwide are still affected by child labour, with nearly 54 million exposed to hazardous work. In response, the 2026 campaign advocates for stronger action to prevent child labour and support the withdrawal and rehabilitation of affected children through access to quality education, universal social protection, decent work and sustainable livelihoods for adults, strengthened legal frameworks and enforcement mechanisms, improved data collection and monitoring systems, as well as responsible practices across agriculture and global supply chains.

International legal framework

Freedom from child labour is a fundamental human right, enshrined in the ILO Declaration on Fundamental Principles and Rights at Work (1998), the ILO Conventions and the UN Convention on the Rights of the Child (1989). ILO Convention No 138 on the minimum age, adopted in 1973, has been ratified by 177 countries, including all EU Member States. This key document lays down standards for the minimum age for employment. ILO Convention No 182 on the worst forms of child labour, adopted in 1999, has been ratified by 187 countries, including all EU Member States. It calls on members to take measures to secure the prohibition and elimination of the worst forms of child labour as a matter of urgency. These include all forms of slavery or practices similar to slavery; commercial sexual exploitation or illicit activities; and work likely to harm children. The UN Convention on the Rights of the Child (CRC) has been ratified by 196 countries, including all EU Member States. The CRC confers upon children the right to protection from economic exploitation, and urges parties to set a minimum age for employment, regulate working hours and conditions, and provide for penalties. Despite international commitments made by nearly all United Nations member states, 41 countries still lack important legal protections against children doing work that could be harmful or interfere with their education.

EU action

The EU’s firm commitment to eliminating child labour is enshrined in Article 32 of the Charter of Fundamental Rights of the EU, which prohibits the employment of children and states that the minimum age of employment may not be lower than the minimum school-leaving age. Moreover, young people admitted to work must have working conditions appropriate to their age and be protected against economic exploitation and any work likely to harm their safety, health or physical, mental, moral or social development or to interfere with their education.

The main legal instrument prohibiting child labour in the EU is Council Directive 94/33/EC. It allows Member States to set a minimum age for employment below the minimum school-leaving age only exceptionally. The EU action plan on human rights and democracy (2020-2027) calls for stronger child protection systems and a zero-tolerance policy on child labour. Regulation (EU) 2024/3015 on prohibiting products made with forced labour on the Union market further contributes to this goal. In 2024, the European Commission also adopted a recommendation on developing and strengthening integrated child protection systems in the best interests of the child, as a commitment in the EU strategy on the rights of the child, prompting Member States to adopt an integrated approach in their external action, under the aim of eradicating child labour.

European Parliament

The European Parliament has repeatedly condemned child labour and its various forms, both within and outside the EU, through a number of resolutions. In its February 2020 resolution on child labour in mines in Madagascar, Parliament stressed that the EU’s long-term budget should reflect its commitment to eliminating the worst forms of child labour. In its March 2021 resolution on children’s rights in view of the EU strategy on the rights of the child, Parliament also urged the Commission and Member States to eradicate child labour and all forms of work harmful to children’s health, safety and development. Later that year, in its resolution on sustainable and responsible corporate behaviour, Parliament advocated banning imports of products linked to severe human rights violations, including child labour, and stressed that combating such practices should be systematically reflected in EU free trade agreements. In the same vein, Parliament further reinforced provisions aimed at preventing forced and child labour in global supply chains during negotiations on the directive on corporate sustainability due diligence, adopted in 2024. Finally, in its 2022 resolution on new EU rules on products made with forced labour, Parliament called for stronger cooperation with international partners committed to eradicating forced labour globally and banning goods produced under forced labour conditions. In addition, Parliament’s Coordinator on Children’s Rights, currently Vice-President Ewa Kopacz, acts as a central contact point to help ensure that children’s rights are systematically integrated into EU policies and legislation.

This is a further update of an ‘At a glance’ note, the previous edition of which was by Yanis Stefanou, in 2025.


Read this ‘at a glance’ note on ‘World Day Against Child Labour‘ in the Think Tank pages of the European Parliament.

Labour faces accusations of breaking manifesto pledge over minimum wage for young people – as it happened

27 October 2026 at 16:42

Greens say Labour has ‘no respect for young people’ amid reports chancellor will pause equalisation of minimum wage for under-21s with that paid to older workers

Jonathan Reynolds, the business secretary, has not contested reports saying that, in the budget tomorrow, John Healey, the chancellor, will pause the process of equalising the lower national minimum wage paid to people under the age of 21 with the more generous national living wage that applies to older workers.

In an interview on the BBC this morning, Reynolds was asked to respond to a story suggesting the equalisation process has been put on hold because of concerns about youth unemployment.

John Healey will announce plans to increase the minimum wage by nearly 4% but slow the rise for young people after warnings that they are being priced out of jobs.

The Times has been told that the national living wage, which applies to those aged 21 and over, is expected to rise from £12.71 to around £13.20 – an increase of 3.9%.

The manifesto pledge on equalisation still applies, but it was always clear it would happen over time and we would take into account, as the minimum wage uprating each year always does, the relative strength of the labour market and other pressures …

Of course, you want not just good wages, but good work. And the way this has always been done – it is a balance of making sure the pressures on the labour market are taken into account. That is the approach you will see confirmed [in the budget].

Anyone doing a day’s work, needs to be paid the same rate for the same job. A young person’s rent and food bill is no less because they are young, so they need to receive the same wage.

Healey and Burnham are now breaking a manifesto pledge to young people that even Starmer managed to keep. Labour have no respect for young people, who appear to just be there for cheap labour for the wealthy and their corporate donors.

[It] wouldn’t be my cup of tea, but I wouldn’t ban anybody from doing so … I don’t want us to get into a world of cancel culture.

I’m not going to have run a party where we say you can’t talk about that person or that person. We have to be sensible about vetting. And we are.

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© Photograph: WPA/Getty Images

© Photograph: WPA/Getty Images

© Photograph: WPA/Getty Images

UK officials discussing options including free movement with EU ahead of summit

Business secretary says focus for November summit will be trade and youth mobility, but talks will also include ‘future options for relationship’

British officials have begun discussions with the EU about a long-term relationship that could include a return to free movement, the business secretary has said while promising the British people “are the boss” when it comes to what the UK will accept.

Jonathan Reynolds said the focus for British negotiations was the EU summit in November to seal an agreement to ease some trading restrictions and a youth mobility deal. But he said the prime minister, Andy Burnham, had made it clear he wanted to see a long-term and stable relationship with the bloc.

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© Photograph: Yui Mok/PA

© Photograph: Yui Mok/PA

© Photograph: Yui Mok/PA

UK officials discussing options including free movement with EU ahead of summit

Business secretary says focus for November summit will be trade and youth mobility, but talks will also include ‘future options for relationship’

British officials have begun discussions with the EU about a long-term relationship that could include a return to free movement, the business secretary has said while promising the British people “are the boss” when it comes to what the UK will accept.

Jonathan Reynolds said the focus for British negotiations was the EU summit in November to seal an agreement to ease some trading restrictions and a youth mobility deal. But he said the prime minister, Andy Burnham, had made it clear he wanted to see a long-term and stable relationship with the bloc.

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© Photograph: Yui Mok/PA

© Photograph: Yui Mok/PA

© Photograph: Yui Mok/PA

No 10 clarifies Andy Burnham’s stance on freedom of movement

Clarification comes after PM fuelled speculation about EU-UK relationship in series of interviews at weekend

Downing Street has been forced to clarify Andy Burnham’s stance on whether the UK would return to having freedom of movement with the EU after the prime minister said an “honest discussion” was needed on the issue.

Burnham fuelled speculation about a return to freedom of movement in an interview at the weekend, prompting questions about how close the UK could become to Brussels.

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© Photograph: Carlos Jasso/Pool AFP/AP

© Photograph: Carlos Jasso/Pool AFP/AP

© Photograph: Carlos Jasso/Pool AFP/AP

No 10 plays down UK joining EU single market after Burnham suggests referendum would be needed – as it happened

26 October 2026 at 17:22

The prime minister previously said that he wanted a debate on how Britain can establish a closer relationship

Speaking at his rough sleeping summit in Downing Street this morning, Andy Burnham expanded on the claim he made on Good Morning Britain about tackling rough sleeping being cheaper than ignoring the problem. (See 11.13am.)

He said:

We’ve also got to be conscious when we speak to the rest of the country, the taxpayers of this country, that actually to leave people sleeping rough has financial consequences. It doesn’t work for anybody and it doesn’t work for the public purse, because if you leave people in a position where they are in and out of A&E, and in and out of a hospital bed, that doesn’t make sense for anybody.

There is a rock-solid business case to do something to end homelessness, to put people on a path to recovery, so that they can contribute once again. And that should be the thinking that we take to this conversation.

Burnham is throwing another £432m at a problem he failed to solve in Greater Manchester. Under Labour, rough sleeping has hit record highs – yet their answer is always more taxpayers’ money and more empty promises.

[John] Healey must use his budget this week to cut taxes for working people, get the ballooning benefits bill under control, and stop pushing up energy prices.

John Healey is expected to confirm on Wednesday that the full state pension will rise by £489 to £13,036 – equivalent to 3.9%.

However, the rise will push about one million people on low incomes who rely on the state pension above the £12,570 personal allowance threshold, meaning they would be dragged into paying income tax.

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© Photograph: ITV

© Photograph: ITV

© Photograph: ITV

Brexit deal is not good enough for British public, says Andy Burnham

EU exit has damaged economy and failed to bring promised benefits, says PM, but he rules out big pre-election changes

Brexit has not “played out” like it was promised to the public, has weakened the economy and the current deal is not good enough, Andy Burnham has said, while ruling out any major changes in the current parliament.

The prime minister said Britain had ended up with a “harder Brexit than was proposed in the referendum campaign” and it had not helped to control the small boats crisis. Backing the home secretary’s tougher immigration rules, he said Brexit had weakened the UK’s ability to control its borders as it could no longer send people back to Europe.

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© Photograph: House of Commons/PA

© Photograph: House of Commons/PA

© Photograph: House of Commons/PA

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