Andy Burnham and John Healey bank account changes for households with £10,000 savings

The aim is to boost the economy by encouraging more investment in stocks and shares

NewsCost Of LivingDWPThe crackdown will apply to three benefits13:15, 02 Aug 2026DWP officials will be able to check details and make direct withdrawals from bank accounts belonging to state pensioners.‌It's part of controversial new 'spy' powers aimed at stopping benefit fraud and recovering debt.‌Banks will be forced

As the affordability crisis and overall inflation continues to impact Canadians across the country, a new national survey from Narrative Research showed 76 per cent said the cost of food and groceries had the biggest impact on their household finances.

Andy Burnham’s new government will hold its first budget on Oct. 28, U.K. Chancellor John Healey announced today. Healey, who replaced Rachel Reeves in the job last week, will have to balance maintaining fiscal credibility in the bond market and the new government’s desire to expand spending on defense and social care.

John Healey's first Budget date confirmed as Britons brace for tax rises  GB News

The newly appointed Chancellor, who replaced Rachel Reeves earlier this month, said it will be a Budget that 'moves money and power out of Westminster, and into every postcode around Britain'

Total households savings amount now calculated at €175bn

Newly appointed chancellor John Healey has opened the door for the UK military to shape defence budgets. His proposal is another step away from democratic oversight of how public money is spent. And it’s all part of a defence spending ideology that’s full of holes! Declassified UK reported on 30 July: Britain’s new cha