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Early 2021

Environmental tax measures

Tax measures which have an environmental impact act alongside government’s wider environmental objectives. As these objectives have become more ambitious, the role of the tax system may become more important. HM Treasury’s 2020-21 review into funding the transition to a net zero greenhouse gas economy explicitly plans to “consider the full range of government levers, … Read more

Spring 2021

Public Service Pensions

Public service pensions are a significant part of the pensions landscape in the UK. As at 31 March 2020 the major public service pension schemes had over 8 million members, including active and deferred members, and current pensioners. Most of the main public service pension schemes are unfunded, with benefits funded from current contributions on … Read more

Winter 2020/21

The UKRI’s management of the Industrial Strategy Challenge Fund

The Industrial Strategy Challenge Fund (ISCF) is a significant part of the government’s commitment to spend £4.7 billion on research and development over four years. The ISCF also supports the ambitions set out in the government’s Industrial Strategy. UK Research & Innovation (UKRI), established in April 2018, is responsible for implementing the ISCF, which is … Read more

Spring 2021

Reducing carbon emissions from cars

Transport is the UK’s largest source of carbon emissions and the bulk of these come from cars. Government wants people to switch to cars that do not emit carbon dioxide to eliminate emissions by 2050. By 2030, government wants between 50% and 70% of new cars to be ultra-low emission (plug in hybrids), and by … Read more