Spring Budget
The Energy Bills Discount Scheme, designed to alleviate financial stress on businesses during the energy crisis, concludes without a replacement, leaving small businesses grappling with increased costs
The Chancellor has confirmed over £1 billion budget for the sixth Contracts for Difference allocation round during the Spring Budget, with £800 million directed towards offshore wind projects
Chancellor Jeremy Hunt has announced the extension of the Energy Profits Levy on profits from North Sea oil and gas firms for an additional year until 2029
The recent budget has faced criticism for its “failure to make substantial investments in clean industries”
Chris Shaw, Chair of the Energy Consultants Association and CEO at Utility Bidder has highlighted that the scheme failed to adequately support small businesses and merely served as a symbolic gesture
The Association for Renewable Energy and Clean Technology has expressed disappointment over the lack of sector-wide measures in response to the Spring Statement
Chancellor Jeremy Hunt has announced the Budget today, including a 2p reduction in National Insurance for workers
In his final budget before the election, the Chancellor is anticipated to freeze fuel duty today
A coalition including the CCSA, Make UK and the GIIA calls on Chancellor to provide financial support for carbon capture projects ahead of the Spring Budget
The Treasury’s has announced its decision to increase funding by £120 million for the Green Industries Growth Accelerator