budget

The government's flagship Great British Energy company could be facing budget cuts as the UK Treasury undergoes a spending review.

In the wake of Labour’s budget announcement, concerns that the UK is not doing enough to support its automotive industry through the electrification process are mounting.

The announcement of the Labour government’s first budget has been met with tentative support from the clean energy industry.

The sixth auction round (AR6) for the Contracts for Difference (CfD) scheme will have a budget of £1.5 billion after Ed Miliband announced a £500 million increase.

Delivering net zero is to be placed as a key priority for the Scottish government as part of the Scottish Budget for 2023 to 2024.

​Energy UK has urged the UK Government to accelerate efforts to increase energy efficiency of homes in the next Budget with this regarded as crucial to reducing energy bills.

​Energy bills support will cost £60 billion for the six months from October, Chancellor Kwasi Kwarteng has announced.

​Funding boosts for carbon capture and storage (CCS), electric vehicles (EVs) and nuclear announced, as renewables are once again absent from the UK's Budget.

​Net zero will require £33 billion of extra spending per year until 2050, according to new analysis from thinktank IPPR's Environmental Justice Commission.​

A cross-party group of MPs has piled pressure onto the government to use next week’s budget to implement greater tax incentives for electric vehicles just days after lobbyists for the automotive and green sectors did the same.