Skip to content Skip to sidebar Skip to footer

UK budget update

955575_corporate.jpgAlistair Darling, the chancellor, is going to:

  • Increase green taxes
  • Reform tax on heavy carbon-emitting cars. Cars that emit more than 121 grams of CO2 a kilometer will be hit hardest.
  • Planned 2p rise on fuel postponed until October
  • Showroom tax comes in fro April 2010. New car tax bands for CO2 April 2009
  • Give energy subsidies for poor people and pensioners. £400 benefit for over 80s. Lower tarrifs for prepay meter users.
  • Growth forecast cut
  • Inflation will return to 2% in 2009
  • Spending on child poverty up £1.9bn
  • Changes to capital gains tax to go ahead
  • Booze duties go up 6%  (bastard) and will go up 2% every year for the next bit

1 Comment

  • NB
    Posted March 14, 2008 at 11:08 am

    I heard the tail-end of a report on C4 news yesterday, where the story was that the Chancellor also slipped in a statement that carbon credits for energy generators would be auctioned in a few years time, rather than given. Does that mean that credits under EU ETS phase III will be auctioned? If so, quite right!

Comments are closed.

The Global View creates and curates research, perspectives and intelligence on the modern leader’s agenda.

Subscribe Now

Get our latest research papers and amazing posts directly in your email.

Loading

The   Global view © 2022. All Rights Reserved.