HOUSEHOLDS across the UK have their eyes on the House of Commons with Chancellor John Healey delivering the 2026 Budget.
With family budgets under pressure from everyday living costs and the Treasury , today’s statement will set the agenda for taxes, wages and public spending for the year ahead.
Here is everything you need to know about the schedule and how to watch the announcement live.
What time does the Chancellor deliver his speech?
is scheduled to deliver the Autumn to the today (Wednesday, October 28).
The statement is , immediately following Prime Minister’s Questions (PMQs).
The speech usually lasts around an hour, with full details of the government’s financial plans and the Office for Budget Responsibility’s economic forecasts published shortly after.
This is the first Budget of the new government under Prime Minister , following his appointment in July.
The Chancellor has been ; estimates suggest the government’s fiscal headroom has halved to around £12billion due to rising borrowing costs and international market turmoil.
Where can I watch analysis of John Healey’s announcement?
The Sun will host its own Budget watchalong, featuring instant reaction and analysis on the major announcements from experts.
You can watch it on this page, with The Sun going live at 12.05pm today.
You can also follow a live stream of the Budget on The Sun’s YouTube channel , with all the action being broadcast here .
What are the key announcements expected in the Budget?
The Chancellor has promised to deliver “breathing space for today and fresh hope for the future” as he attempts to ease the for households across the UK.
To help families struggling with high , the government is expected to announce measures, including .
This sits alongside a six-month suspension of VAT on electricity bills, which the Burnham government has already introduced.
The Budget is also expected to confirm a by nearly 4% to £13.20 an hour for workers aged 21 and over.
But the increase will reportedly not extend to younger workers under the age of 21, following warnings that they could be priced out of the labour market.
Other expected measures include and ending , which previously penalised unpaid carers for exceeding their earnings limit.
To fund these measures, the Chancellor is poised to , potentially reversing previous cuts to the bank surcharge to raise upwards of £2billion a year.
Online marketplaces could , with platforms made responsible for collecting tax owed by firms selling on their sites.
