Chancellor John Healey to end standing charges on household gas bills, as City expects a quiet budget – business live

Rolling coverage of the latest economic and financial news What to expect from John Healey’s first budget: who wins, who pays? Abolishing the standing charge doesn’t mean that every gas user will save money.

Because the cost is shifting onto the unit rate of gas, a household that consumes a lot of gas might end up paying more overall. “Too many families face unfair charges, so we’re making it easier for people to take control of their energy…