Briefing

Did the 2024 budget deliver for the environment?

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Date:

31 October, 2024

Summary

The chancellor’s first budget and one year spending review was her chance to shift the dial on investment and turbocharge the shift to a greener economy.

The budget saw a large increase in investment, made possible by tax increases and sensible changes to the fiscal rules. But questions remain over the farming budget, reduction in money for warm homes, and another missed opportunity to end the ‘temporary’ freeze on fuel duty.

So, did the chancellor deliver on the tests we set out? And what are the key announcements needed and critical flashpoints still to address?

For more information, contact:

Steve Coulter, head of economy: scoulter@green-alliance.org.uk

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