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 […]

Firms urge Osborne “reconsider zero carbon homes”

More than 200 businesses have urged the Chancellor to reconsider the government’s decision to end the zero carbon homes policy. In the “Fixing the Foundations” plan, George Osborne axed the policy which was designed to ensure all new homes built from 2016 would meet zero carbon standards. Mr Osborne also terminated a sister policy which applied to all […]

Summer Budget 2015: Changes to car tax and Climate Change Levy

  Chancellor George Osborne has announced a change in the structure of tax on new cars from 2017. All new cars will be classed in one of three new bands: zero-emission, standard and premium. Tax will then be paid accordingly with no special rate for the first year. Around three-quarters of all new cars currently […]

Golden Boy Brits would back shale gas – Osborne

Shale gas and nuclear power were the chosen favourites for Chancellor George Osborne in his speech at the Conservative party conference in Birmingham yesterday. The Tory MP conjured up Britain’s engineering history to paint a picture of how the future will be fuelled – arguing in favour of fracking and nuclear. Referencing a statue which stands […]

Chancellor urged to cut fuel duty by 3p

Campaigners are calling on Chancellor George Osborne to reduce fuel duty by 3 pence across all vehicle fuels in the Budget. New figures suggest UK drivers are suffering from the biggest fuel tax burden in Europe as they pay the highest proportion of tax despite a Government freeze on fuel duty since 2011. Around 61% […]

Chancellor's Autumn Statement is a real picture

What did the Autumn Statement hold for energy users of all sizes? Nothing much of any use finds ELN reporter Vicky Ellis.

Business energy "missing jigsaw” piece of Chancellor's plans

Business energy users are likely to be feeling hard done by as their predicament was “one big piece of the jigsaw” missing from the Chancellor’s Autumn Statement. That’s according to the CBI Director General John Cridland (pictured) who has told ELN: “He didn’t do anything about energy costs on business.” While the recent debate over […]

Osborne gives helping hand to shale gas

Chancellor George Osborne has made good on the Prime Minister’s pledge to “roll back” green levies while giving a tax break to shale gas developers. In his Autumn Statement today the Chancellor said the country should not “turn its back” on shale gas, offering to halve tax rates on early profits from shale gas in […]

Repeated calls for Chancellor to tackle rising business bills

The manufacturers’ organisation EEF has called on the Chancellor to do more to tackle rising energy bills for businesses, echoing a similar petition by the CBI last week. Speaking ahead of George Osborne’s Autumn statement due in December, EEF’s Chief Executive Terry Scuoler said: “The Chancellor’s top priority must be action on business energy costs. […]

China allowed to buy stake in Britain's nuclear power – Osborne

Chancellor George Osborne today said that the UK will allow Chinese companies to take a stake in Britain’s nuclear power plants. He made the announcement on the final day of his week-long trade visit to China at the Taishan nuclear power station – a collaboration between EDF Energy and the China General Nuclear Power Company […]