Renewable energy backers and environmental businesses were scratching their heads today at the lack of green strategy in George Osborne’s 2014 Budget. The Chancellor devoted much of his speech to the Commons to a “Made in Britain” theme but little to environmental issues. Two issues came in for stick, the carbon price floor and the […]
The Chancellor of the Exchequer gave his Budget today in the House of Commons – and there were four big measures for manufacturers and major energy users.
Manufacturers were big winners in today’s “Made in Britain” Budget from the Chancellor including nearly £7 billion package to counter their energy bills. Manufacturing bagged an early mention in George Osborne’s speech – and halfway through he delivered four big points in their favour. First he said the Carbon Price Support will be capped at […]
Pressure is mounting on the UK’s tax on carbon emissions from energy ahead of the Budget this Wednesday (19 March). There have been conflicting calls from suppliers and commentators, some urging the Government to scrap it or keep it. Writing in the Telegraph over the weekend, EDF Energy’s CEO argued in favour of keeping it, […]