Healey unveils £100 for energy bills and bank tax in first Budget

Millions of households will get £100 to help with soaring energy bills to be paid for by a tax on bank profits, John Healey has announced in his first Budget.

The chancellor said he wanted to give hard-pressed families "breathing space now" and "hope for the future" as the UK economy is battered by "global economic storms".

He also unveiled tax breaks to boost high street businesses - but confirmed that many big decisions, including on defence spending and welfare, will not be made until next year.