Nearly half of UK businesses ‘holding back on EVs’

Nearly half of senior decision makers in British businesses don’t plan to invest in electric vehicle (EV) technologies until after 2025. That’s according to npower Business Solutions, which says the 45% of the market not getting involved with EVs are put off by a lack of existing charging points (32%), poor battery life limiting journey […]

Budget tax changes “could save millions in oil and gas”

The trade association for the oil and gas industry has said the Autumn Budget could save millions of pounds by introducing a tax change to defer the decommissioning of mature fields. Oil & Gas UK says the government has a limited window of opportunity to allow tax history to be transferred from seller to buyer […]

Budget ‘must strengthen carbon price and renewables’

The Chancellor should use the imminent Autumn Budget to strengthen carbon pricing and extend subsidies for renewable energy. That’s the suggestion from the Grantham Research Institute on Climate Change, which warns the freeze on the carbon price support rate at £18 per tonne is inconsistent with achieving the goals of the Paris Agreement. The group […]