UK to establish Green Finance Institute and skills taskforce

It will be jointly funded by the government and the City of London Corporation

UK Treasury refuses to attend post-Brexit environmental watchdog inquiry

The Environmental Audit Committee said Chancellor Philip Hammond has also refused to send another minister in his place

MPs seek evidence from Treasury on plans for new environmental watchdog

The Environmental Audit Committee has written to Chancellor Philip Hammond, requesting him or another minister to give evidence during its inquiry into the proposal

Spring Statement: Chancellor consults on tax charges to tackle plastic waste

Philip Hammond said money raised from any tax changes would be invested in developing new, greener products and processes

Budget 2017: Chancellor considers tax on single-use plastic items

  The UK Government is considering introducing a tax on single-use plastic items, including polystyrene takeaway boxes and bubble wrap. Chancellor Philip Hammond said he will work with Environment Secretary Michael Gove to investigate how the tax system and charges on single-use plastic items can reduce waste. A call for evidence is to be launched […]

Budget 2017: Hammond pledges £540m for EVs and charging infrastructure

  Philip Hammond has announced a £400 million fund for electric vehicle (EV) charging infrastructure projects across the UK. As part of his 2017 Budget announcement, the Chancellor also pledged to invest an extra £100 million to help people buy EVs and £40 million will go towards charging research and development. He believes there is […]

Hammond launches UK-Brazil green finance alliance

Chancellor Philip Hammond has launched a UK-Brazil green finance partnership in Sao Paolo. It was one of a series of new agreements unveiled during his visit to Brazil to showcase British business and deepen trade and economic ties with Latin America’s biggest economies. In a joint statement, the two nations state they both believe scaling […]

Spring Budget 2017: Mixed reactions from energy industry

The Spring Budget announcement earlier today from Chancellor Philip Hammond has already seen mixed reactions from the energy industry. In a wide ranging speech, Mr Hammond declared the Levy Control Framework would be replaced with a new set of controls to be outlined later this year and pledged support for the North Sea oil and gas industry. To […]

Budget 2017: Chancellor pledges support for oil & gas, research & innovation

  Philip Hammond has pledged support for North Sea oil and gas as well as funding for innovative research and development. In his Spring Budget speech today, the Chancellor said he has heard calls from oil and gas producers as well as the Scottish Government to provide further support for the transfer of late-life assets. […]

Autumn Statement: Carbon price support capped, boost for EVs, innovation, infrastructure

  The government has confirmed it is maintaining the cap on Carbon Price Support rates and pledged investment for electric cars, innovation and infrastructure. Philip Hammond made the announcement during his first and last Autumn Statement as Chancellor as he revealed it will be abolished. That means following the spring 2017 Budget and Finance Bill, […]