UK considering cut to green levy to soften energy price surge - The Times


Reuters | London | Updated: 11-01-2022 15:47 IST | Created: 11-01-2022 15:32 IST
UK considering cut to green levy to soften energy price surge - The Times
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  • United Kingdom

Britain's finance ministry is considering cutting a green levy on energy bills as a way to help consumers who are already facing high inflation, The Times newspaper reported on Tuesday.

The Treasury was reviewing the Energy Company Obligation, a 1 billion-pound ($1.36 billion) levy on energy bills that pay for insulation and new boilers to help about 200,000 households a year, the newspaper said. ($1 = 0.7350 pounds) 

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