UK energy companies urge Sunak to prioritise green agenda

Over 100 UK energy companies have united in urging the Prime Minister to focus on green energy investments in response to a dire economic warning from the Office for Budget Responsibility

Failure to achieve UK’s net zero could double costs

The UK’s budget watchdog has highlighted the need for decisive action to mitigate reliance on carbon-intensive sources

Bulb bailout could be ‘cost neutral’

The bailout cost has been revised down by the Office of Budget Responsibility which said that the government could make a profit

Government to “receive extra billions from soaring energy bills”

It is estimated that the increase in bills from October will generate an extra £2.6 billion for the government

Electric cars could leave £13m ‘hole’ in Treasury takings

Electric cars could leave a £13 million ‘hole’ in Treasury takings which could affect public finances, a new report warns today. As diesel and petrol cars get more efficient, needing less fuel and as electric vehicles become more popular, this could spell a “collapse” in Treasury income from motoring taxes, claims the report. The RAC […]