The Treasury announced five cost-of-living measures on 26 October 2026, ahead of a Budget that week, according to the government press release. The package covers motoring costs, parental pay, unpaid carers, food import tariffs and Post Office services.

Mileage rates for the first 10,000 business miles would be fixed at 55p tax-free, with the rate above that threshold rising from 25p to 35p per mile; the government expects around three million people to benefit. Parental pay would extend to more than 150,000 additional parents per year, including self-employed fathers and partners, at up to £194 a week for two weeks. The Carer's Allowance cliff edge would end, so that instead of losing the entire allowance for earning a penny above the weekly limit, £1 of support tapers away for each additional £1 earned.

Import tariffs would be removed on more than 100 products, including baked beans, chocolate, gherkins, kerosene and fertilisers; with earlier suspensions, households could save up to £21 a year on food shopping. Post Office drop boxes would reach 1,000 by the end of the financial year, alongside upgrades to 600 branches. A Warm Homes loans scheme was also launched.