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Healey Announces £741M Cut to Heat-Pump Upgrade Scheme

By Drooid · Oct 30, 2026 · How we work

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Summary

Chancellor John Healey announced over £3 billion cuts to the energy department, slashing heat-pump subsidies.
The budget removed £741 million from the boiler-upgrade scheme that funds electric heat-pump replacements.
The target of 250,000 heat-pump installs per year by 2030 is now at risk.
Healey pledged defence spending to reach 3 % of GDP by 2030 and 3.5 % by 2035, funded by 1 % capital-budget cuts.

Summary

Wes Streeting and Wladyslaw Kosiniak-Kamysz signed a three-year defence cooperation plan in Warsaw on 27 October 2026.
The plan includes joint work on the Miecznik air-defence programme and a shared 155 mm ammunition line.
The UK launched an Innovative Defence Financing Taskforce to attract private and international capital for defence projects.
A Multilateral Defence Mechanism with the Netherlands, Finland and Poland will start treaty talks, aiming to operate by 2027.

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Healey Cuts Energy

Chancellor John Healey announced over £3 billion cuts to the energy department, slashing heat-pump subsidies.
The budget removed £741 million from the boiler-upgrade scheme that funds electric heat-pump replacements.
The target of 250,000 heat-pump installs per year by 2030 is now at risk.
Healey pledged defence spending to reach 3 % of GDP by 2030 and 3.5 % by 2035, funded by 1 % capital-budget cuts.

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