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  • Reeves tightens windfall tax on renewables as ministers move to sever gas-electricity link
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Tag: levelling up

Rishi Sunak

The Chancellor’s ‘Restart’ missed the turning marked apprenticeships and wound up in the ditch

26 November 202026 November 2020 Opinion Charlie Mullins 5 Comments

The Chancellor put himself in the driving seat to ‘Restart’ the economy but the ignition failed and someone appears to have stolen the satnav.

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Rachel Reeves has tightened the squeeze on renewable energy generators, raising the windfall tax on wind and solar producers from 45 per cent to 55 per cent in a move the Chancellor insists will stop the sector "cashing in" on the latest Middle East oil and gas shock.

Reeves tightens windfall tax on renewables as ministers move to sever gas-electricity link

Chancellor Rachel Reeves lifts the electricity generator levy from 45% to 55% as Ed Miliband unveils market reforms. What the renewables windfall tax means for UK SMEs, energy bills and investment.

Barclays and Lloyds join FCA’s second AI sandbox as banks race to prove their tech credentials

Bezos’s physical AI lab Prometheus nears $10bn raise at $38bn valuation

Unemployment dip flatters to deceive as SME hiring freezes amid Iran shock

Brady bows out: West Ham vice-chair ends 16-year tenure as boardroom pressure mounts

Cook hands Apple’s reins to Ternus as engineering chief prepares for top job

Aston Martin takes its 17pc shareholder Geely to court over ‘copycat’ wings logo

Tube strike chaos piles fresh pressure on London’s beleaguered night-time economy

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Business Energy Claims recovers £25,000 for UK chocolatier

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Manufacturing company recovers thousands from mis-sold energy contracts

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