Chancellor Unveils £100 Energy Payout and Lifts Bank Surcharge
The chancellor announced an energy payout of £100 and an increase to the bank surcharge in his maiden Budget.
However, his speech did not include any major new policy announcements, while tax hikes were not as steep as feared.The chancellor — who was appointed in the summer by prime minister Andy Burnham — told a packed House of Commons that his Budget was “built on fiscal discipline” but that it would als…