COP26: Rishi Sunak to unveil how to make UK the first net zero financial centre

Under the new Treasure rules, financial institutions and listed businesses in the UK must set net zero transition plans that will be published from 2023

Chancellor reveals Budget for ‘a stronger economy for British people’

Rishi Sunak unveiled his spending plans in a Budget billed as paving the way to an ‘age of optimism’

Treasury urged to transform the UK’s circular economy

A new report suggests a potential reconstruction in the way the UK repairs, reuses and recycles could create nearly 450,000 jobs by 2035

Building Back Better ‘must involve green incentives, a local focus and more diversity’

That’s the suggestion from global sustainability organisation IEMA, which has voiced its support to the Chancellor in securing a sustainable future as the UK recovers from the coronavirus crisis

Spending Round 2019: Chancellor pledges £60m for air quality and net zero goal

Sajid Javid said leaving the EU provides an opportunity for Britain to set ‘world leading’ environmental standards

Infrastructure chief urges Chancellor to commit to major energy and transport upgrades

National Infrastructure Commission Chair Sir John Armitt is demanding action to meet the UK’s infrastructure challenges, with ‘clear and and lasting’ plans as well as stable funding

Philip Hammond
Philip Hammond calls for more action on sustainable global growth

A new release from the UK Government says the Chancellor will talk at the annual IMF and World Bank Spring Meetings in Washington over the coming days

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 ‘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 […]

Chancellor ‘must close delivery truck pollution loophole’

The Chancellor could save £126 million and slash pollution by closing a tax loophole encouraging delivery trucks to use red diesel. That’s according to the Dearman Engine Company, which says an estimated 26,000 cold delivery trucks have two engines – one propelling the truck and the second cooling the storage compartment. While main engines are […]