UK Business News

UK Chancellor Alistair Darling unveiled plans to support new low carbon industries and boost the use of electric vehicles in businesses through lower taxation.
Darling said that the government would scrap taxes on electric company cars for the next five years and announced 100% first year capital allowances for businesses using electric vans.
Company cars account for [...]

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Peterborough Renewable Energy Ltd (PREL), who were recently granted permission by the government to go ahead with plans to build the first Green Energy park in the UK, have welcomed Shadow Chancellor George Osborne’s tax commitments to make landfill a thing of the past.
PREL have pledged their support to the commitment, that if the Conservative [...]

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The UK Government have granted approval for Peterborough Renewable Energy Ltd (PREL) to build a waste recycling and green power plant that they believe could eliminate the need for landfill sites in the area.
PREL say its ‘energy park’ in Peterborough could revolutionise waste management by recycling mixed waste to produce re-usable glass, plastics and metals, [...]

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