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Treasury

Financial firms join UK taskforce to help unlock climate investment in developing economies

Investment

Financial firms join UK taskforce to help unlock climate investment in developing economies

UK government's Emerging Markets and Developing Economies (EMDE) Investor Taskforce highlights potential for tenfold returns from backing climate adaptation and mitigation projects

clock 20 May 2025 • 2 min read
National Wealth Fund instructed to focus on clean energy and defence

Policy

National Wealth Fund instructed to focus on clean energy and defence

Treasury confirms National Wealth Fund’s economic capital limit is to be increased from £4.5bn to £7bn, as Kemi Badenoch's decision to oppose UK net zero target sparks fresh criticism

clock 19 March 2025 • 6 min read
'The time for action is now': Government faces fresh calls to make nature reporting mandatory in the UK

Biodiversity

'The time for action is now': Government faces fresh calls to make nature reporting mandatory in the UK

New Green Alliance report revisits recommendations of Dasgupta Review and urges government to boost investment in nature restoration and ensure corporates disclose nature-related risks

clock 18 March 2025 • 5 min read
Reports: Treasury weighs cuts to GB Energy budget

Policy

Reports: Treasury weighs cuts to GB Energy budget

The FT reports upcoming Spending Review could see cuts to clean energy spending plans, including proposals for low interest loans to support green home upgrades

clock 07 March 2025 • 4 min read
Would expanding UK airports really deliver an economic boost?

Aviation

Would expanding UK airports really deliver an economic boost?

Analysts from New Economics Foundation warn against airport expansion, citing increased climate risks and little evidence of financial benefits for the UK

clock 23 January 2025 • 6 min read
Octopus wraps up Bulb acquisition with £3bn payment to government

Energy

Octopus wraps up Bulb acquisition with £3bn payment to government

Finalisation of deal means bailout delivered £1.5bn profit to the government and resulted in no cost to taxpayers

clock 24 October 2024 • 3 min read
Study: Tax on frequent flyers could raise €9.1bn a year

Aviation

Study: Tax on frequent flyers could raise €9.1bn a year

New modelling explores the economic and climate benefits that could result from taxing the small subset of the population who fly frequently

clock 18 October 2024 • 4 min read
Review urges UK to act quickly to grasp net zero transition finance opportunity

Investment

Review urges UK to act quickly to grasp net zero transition finance opportunity

Government-commissioned Transition Finance Market Review publishes final recommendations to help make UK a world-leader in growing net zero financial market

clock 17 October 2024 • 5 min read
'Budget black hole': Chancellor to slash winter fuel payments and seek £3.2bn in departmental savings

Politics

'Budget black hole': Chancellor to slash winter fuel payments and seek £3.2bn in departmental savings

Rachel Reeves warns of 'difficult decisions', as she confirms government response to dire fiscal inheritance will seek to save billions from departmental budgets and winter fuel payments

clock 29 July 2024 • 7 min read
Road and rail projects in firing line as Reeves moves to tackle budget 'black hole'

Politics

Road and rail projects in firing line as Reeves moves to tackle budget 'black hole'

Environment Secretary warns condition of flood defences 'far worse than we were led to believe', as Labour accuses Tories of leaving public finances in terrible state

clock 29 July 2024 • 6 min read
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