budget

Budget: DRIVE35 funding part of automotive sector support

Chancellor of the Exchequer Rachel Reeves has rubber-stamped a £1.5bn boost to the UK Government’s DRIVE35 programme that supports the…

Budget: Plug-in hybrid BIK easement announced

Yesterday’s Budget includes a temporary company car tax BIK easement for some plug-in hybrids. The full Budget document published by…

Budget reaction: Industry concern over new EV tax 

The confirmation of a new pay-per-mile tax on EVs has provoked criticism and calls for collaboration from the fleet industry.…

Budget confirms new pay-per-mile EV tax

A new 3p-per-mile tax is set to be applied to electric cars from April 2028, Chancellor of the Exchequer Rachel…