A letter to the Bank of England governor Andrew Bailey warns the UK is in danger of lagging behind other countries in supporting the shift to a low-carbon economy.
Spring budget 2024: green economy is overlooked in ‘botched’ budget
Jeremy Hunt’s spring budget includes a £5bn boost for motorists taking precedence over the £120m earmarked for new green technologies.
Energy: UK lags behind European economies on low-carbon spend
International Energy Agency data shows UK spend on low-carbon measures from April 2020 to the end of April 2023 was around £26.2m.
Carbon import tax to apply at UK borders from 2027
The government is introducing a new import levy on carbon-intensive products and raw materials from 2027, in a move to protect UK business.
BMW invests £600m into building electric Minis in the UK
BMW is set to unveil its plans to invest £6 billion in building electric Mini models in the UK, strengthening the country’s development of EVs.
UK’s largest electric vehicle hub to charge 180 cars at once
The UK’s largest electric vehicle charging hub has opened in Birmingham, marking a significant “boost” for Britain’s electric car charging network.
