Treasury

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

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

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

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

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

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

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

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

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

Revenues from taxes designed to reduce negative environmental impacts have returned to pre-pandemic levels, new ONS data confirms