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Real Estate

Revealed: The luxury London pads getting Healey’s energy handout – while poorer areas miss out

Katherine Langford
Katherine Langford
Katherine Langford
Editor-in-Chief · Edina, MN

Katherine oversees editorial operations across all six brands. Before joining The Meridan Group, she spent 14 years at the Minneapolis Star Tribune, where she led the metro desk through its digital transformation. She holds a Master's in Journalism from Northwestern's Medill School.

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Editor-in-Chief · Friday, October 30, 2026 at 4:13 PM · 1 min read
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Revealed: The luxury London pads getting Healey’s energy handout – while poorer areas miss out — London Real Estate news

John Healey s energy bills support package was meant to be targeted. But a City AM analysis has found homes worth millions are in line for a handout, while others in poorer areas will get nothing. John Healey s maiden fiscal event was nothing if not targeted. Painful tax rises be they on banks or gambling firms were targeted at industries the Chancellor deemed ripe for a raid. The word “targeted” appeared as many as 30 times in the Budget document published to mark Healey’s big day, as officials sought to play down fiscal significance of their measures. The biggest of those changes a £2.4bn promise to bung £100 to households to help them with their higher energy bills claimed to be focused on poorer households. But a City AM analysis of council tax data revealed Healey’s reliance on the outdated property tax means his payment will land in the bank accounts of moneyed professionals and retirees in London and the South East. Meanwhile other, less affluent household

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