Britons told to brace for a decade of pain as household income will be worst on record, IFS warns




Ahead of his speech, Mr Healey insisted his budget would deliver “breathing space” for households and businesses across the country.Speaking yesterday, the Chancellor said his announcement of £100 off energy bills for about 20 million households in England was an “important payment”.He added: “Now, you can’t remove all the rises, you can’t remove all the pressures that people are facing.”But my aim is to say, look where we can, we’ll act, we’ll give people a bit of breathing space and [we’re] doing that with this household energy payment.”