Ignore the howls around pay-per-mile, chancellor. We can’t afford not to tax electric cars

The issue of how motoring taxes should change as we decarbonise the economy has been dodged for too long. Car salesmen need to get real If you want a document to give you sleepless nights, the Office for Budget Responsibility’s biennial Fiscal Risks and Sustainability report is a go-to publication. This is the one that looks to the horizon and covers everything from demographic trends to state pension promises to the climate crisis.The headline finding in this July’s version was a true jaw-dropper. The UK’s public finances are on an unsustainable long-term trajectory because government debt would rise to a remarkable 270% of GDP by the early 2070s – up from almost 100% today – if current policies were left unchanged. Continue reading...

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Labour must stick to manifesto pledge not to raise key taxes, Lucy Powell says

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