Budget 2011: Green group anguish as Osborne delivers fuel tax cut

Will Nichols
clock •

Chancellor snips 1p off fuel duty, taxes private jets, and vows to fight for international laws preventing per plane tax

Chancellor George Osborne today delivered a surprise tax giveaway, cutting fuel duty by one pence a litre and abandoning the fuel tax escalator in favour of a new Fair Fuel Stabiliser mechanism that incorporates...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Will Nichols
Author spotlight

Will Nichols

View profile
More from Will Nichols

Intelligent Energy hails 'transformational' £1.2bn India fuel cell deal

The end of the beginning...

More on Taxation

VAT axe or levy lever?
Taxation

VAT axe or levy lever?

The government has signalled it wants the Budget to reduce energy bills - reforming the system of green levies should be the obvious mechanism for doing so

James Murray
James Murray
clock 04 November 2025 • 6 min read
Heat batteries can play a key role in decarbonising homes - but they need Treasury support
Taxation

Heat batteries can play a key role in decarbonising homes - but they need Treasury support

Extending VAT relief to include heat batteries is crucial if this technology is to reach the households that need it most and help the UK meet its decarbonisation goals, writes former DESNZ Minister Lord Callanan

Lord Callanan
clock 17 October 2025 • 3 min read
Reports: Rachel Reeves mulls plans to cut VAT on energy bills
Taxation

Reports: Rachel Reeves mulls plans to cut VAT on energy bills

Chancellor said to be considering a range of policy interventions to curb energy bills and help ease cost of living pressures

James Murray
James Murray
clock 15 September 2025 • 5 min read