Tax cuts are not enough to deliver green growth

clock • 3 min read

The Autumn Statement was a missed opportunity to remove barriers holding back the UK's green economy, writes UK Corporate Leaders Group's Beverley Cornaby

With UK public finances under continued stress following shocks from Covid, Brexit and high inflation squeezing the rising cost of living, this year's Autumn Statement was a balancing act, limiting government's...

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

More on Taxation

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
'Electricity prices must come down': Chancellor urged to back reforms that could save households £370 a year
Taxation

'Electricity prices must come down': Chancellor urged to back reforms that could save households £370 a year

Coalition of businesses, investors, and climate groups call on Rachel Reeves to move the cost of legacy renewables schemes into general taxation

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