The three key departments with responsibility for UK environmental policy will see their budgets cut as a result of the Chancellor’s Autumn Statement.
In a statement with little that will be of interest to companies involved in resource efficiency, recycling and other environmental areas, the Chancellor George Osborne’s Autumn Statement document re-enforced the announcements of the previous day of changes to subsidies for renewable energy such as the Renewable Heat Incentive and the strike price for the Contracts for Difference scheme.
There was no mention of whether Landfill Tax will rise in the Autumn Statement documentation.
The Department for Business, Innovations and Skills will see its resource budget cut by £157 million in 2014-15 and £148 million in 2015-16.
While the Department for Environment, Food and Rural Affairs will be hit by a further £19 million resource budget cut in 2014-15 and £18 million in 2015-16.
The Department of Energy and Climate Change will have its resource budget reduced by £12 million in 2014-15 and £11 million in 2015-16.