Budget: Treasury eyes £800m EV investment fund and green shipping tax breaks

Michael Holder
clock • 4 min read
Credit: HM Treasury
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Credit: HM Treasury

Government to launch £1.4bn fund to attract more overseas investment in UK economy, with particular focus on electric cars and life sciences

Maritime firms investing in decarbonisation, ships that lay cables for offshore wind farms, and scientific research vessels could be offered tax breaks under plans set to be announced in this week's hotly-anticipated...

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Michael Holder
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Michael Holder

Environmental journalist and editor

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