Chancellor moves to cut energy bills and boost EV funding

James Murray
clock • 9 min read
Credit: Simon Walker / HM Treasury
Image:

Credit: Simon Walker / HM Treasury

But green groups warn decision to axe ECO energy efficiency scheme and plans for new pay-per-mile EV levy are sending mixed signals to the green economy

The Chancellor today confirmed heavily trailed plans to reform levies on energy bills and introduce a new 'pay per mile' tax for electric vehicles (EVs), as part of a Budget that sparked a mixed response...

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

James Murray
Author spotlight

James Murray

View profile
More from James Murray

Tories warned plan to axe carbon tax would 'hammer industry'

AA: Used EV prices fall for fifth straight quarter

More on Politics

Tories warned plan to axe carbon tax would 'hammer industry'
Politics

Tories warned plan to axe carbon tax would 'hammer industry'

Conservatives pledge to axe UK's carbon pricing regime, sparking warnings proposals would hit tax revenues, undermine investment, and trigger levies on exports to the EU

James Murray
James Murray
clock 02 April 2026 • 6 min read
'This time will be different': Starmer seeks closer ties with EU to bolster UK energy security
Politics

'This time will be different': Starmer seeks closer ties with EU to bolster UK energy security

Prime Minister says he is 'sick and tired' of energy bills fluctuating due to fossil fuel volatility, as he reiterates need to ramp up domestic clean power capacity

James Murray
James Murray
clock 01 April 2026 • 8 min read
Climate action must protect people's lives – and their livelihoods
Politics

Climate action must protect people's lives – and their livelihoods

True climate leadership means using the transition to improve lives through good jobs, protecting communities from climate impacts and reducing inequality, writes Scotland's Cabinet Secretary for Climate Action and Energy Gillian Martin

Gillian Martin MSP, Cabinet Secretary for Climate Action and Energy in Scotland
clock 01 April 2026 • 4 min read