From MadeForMums · · 50s
Budget 2026: Family Cost Relief
New UK budget offers energy savings, parental pay boosts and first-time buyer help.
In brief
New UK budget offers energy savings, parental pay boosts and first-time buyer help. Budget 2026 includes £100 energy payments for 20m households, extended parental pay, minimum wage rise, and housing support for first-time buyers. Originally reported by MadeForMums.
Energy bills
Some families could get £100 off in 2027.
Parental pay
More than 160,000 additional parents will become eligible.
Minimum wage
Parents earning national living wage see 3.9% pay rise from £12.72 to £13.21.
Fuel duty relief
5p-per-litre fuel duty cut continues for six months.
First-time buyers
New your first home scheme helps 70,000 people onto property ladder.
Inflation concerns
OBR forecasts inflation at 3.5% in 2027, higher than previous 2%.
Key takeaway
Some targeted help on way but not all costs will fall immediately.
The key point
Budget 2026 includes £100 energy payments for 20m households, extended parental pay, minimum wage rise, and housing support for first-time buyers.
