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by ZeroGravitas
652 days ago
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Even offshore wind is about twice as cheap as electricity from north sea gas, onshore about twice as cheap again. Also, they're banning looking for new gas, the cost of which is 91% subsidised. > The new 80% Investment Allowance will mean businesses will overall get a 91p tax saving for every £1 they invest – providing them with an additional, immediate incentive to invest. This nearly doubles the tax relief available and means the more investment a firm makes, the less tax they will pay. https://www.gov.uk/government/publications/cost-of-living-su... |
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