Budget 2024 green growth

The Chancellor has made a series of environment announcements in his budget. Jeremy Hunt told MPs about the need to increase Government and private sector investment in priority industries for innovation and growth, including clean energy and allocated up to a further £120m to the Green Industries Growth Accelerator, which supports the expansion of supply […]

Budget energy roundup

UK Chancellor Jeremy Hunt unveiled a series of energy policies in his Spring Budget, introducing fresh funding for carbon capture technologies, reclassifying nuclear as a “sustainable” energy option and extending energy efficiency relief for households. Our colleagues over at Edie.net have produced this comprehensive overview of the measures announced: Energy cost relief The Chancellor unveiled […]

Concern over mini budget’s energy focus

Key organisations in the sustainability sector have expressed concerns and disappointment following the U.K. Chancellor’s mini budget believing it failed to deliver appropriate measures to safeguard homes and businesses from rocketing energy prices. While there is support for Chancellor Kwasi Kwarteng’s measures to fast track offshore wind development, many pointed to missed opportunities on other […]

Green investment at the heart of Budget 2021

The Chancellor has vowed to put green investment at the heart of the UK’s economic recovery from the Covid-19 crisis. In his Budget, Rishi Sunak unveiled the Net Zero Innovation Portfolio which will provide funding for low-carbon technologies and systems to decrease the costs of decarbonisation and help the UK reach its net-zero objectives. The […]

Budget 2018: The green economy announcements and reaction

In what is widely tipped to be the last budget before Brexit, the Chancellor made little mention of any major ‘green’ economic issues leaving the much-anticipated plastic tax the major announcement. Here for you to digest over a quick cuppa – not, we hope, from a disposable cup – is a round-up of key policy […]

Budget 2017: Chancellor takes action on air quality, electric vehicles and plastic waste

22 November 2017, source edie newsroom Chancellor Philip Hammond has today pledged to build an economy “fit for the future” by announcing new air quality funding, tax incentives for electric cars, and measures to combat plastic waste in his 2017 Autumn Budget. Chancellor Philip Hammond delivered the 2017 Autumn Budget to a jubilant House of […]

Recent budget offers mixed results for the industry

The chancellor has announced that there will be a new shared equity programme to assist first-time buyers and reform of the planning process, but the focus is on new build rather than the secondary market. The lack of an announcement on stamp duty land tax incentives for retrofitting homes will be seen as a missed […]