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Chancellor cuts DECC & Defra’s budgets in Spending Review

The Chancellor George Osborne has announced significant budget cuts for both the Department of Energy and Climate Change (DECC) and the Department for Environment, Food and Rural Affairs (Defra) during his Autumn Spending review speech in Parliament today. “Going green should not cost the earth,” Osborne stated as he set out his budget for the Government’s green policies.

In his speech to the Commons, in which he promised to “prioritise energy security, whilst making reforms to meet our climate goals at lower cost,” the Chancellor confirmed that DECC’s budget will be cut by 22% over the next four years as part of the Government’s plans to have a budget surplus by 2020... Read more>

25/Nov/2015

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