News Article

Spending Review 2021

1 November 2021

The government has published the Spending Review, delivering on key commitments to reach net zero carbon emissions by 2050.

The Budget complements the Net Zero Strategy which BEIS published last week and delivers the investment and support which UK firms need to plan for the future.

As we continue to recover from the economic impact of the coronavirus pandemic, the Spending Review includes key measures to put pounds in the pockets of British workers and support businesses looking to invest and grow.

These include business rates exemption for green property improvements, including solar panels and heat pumps, to help businesses invest to make buildings more energy efficient.

The Spending Review supports the landmark Net Zero Strategy unveiled last week, setting out how the UK will kickstart new green industries, create jobs and reach net zero carbon emissions by 2050 ahead of the COP26 climate conference in Glasgow.

Read more at: GOV.UK