fiscal shortfall

2 articles

Nov 7, 2025 • via BBC News

Three Pence Per Mile Erodes the EV Incentive

Government eyes 2028 levy amid £25 billion fuel duty shortfall

A proposed pay-per-mile tax on electric vehicles exposes policy contradictions, as fiscal pressures undermine the UK's green transition and burden drivers with new costs. Industry warnings highlight risks to adoption targets amid infrastructure gaps.

Nov 4, 2025 • via The Guardian

Exit Toll: Treasury's £2 Billion Grasp at Fleeing Assets

Reeves eyes G7 alignment amid capital outflows

The proposed 20% charge on departing UK residents' assets signals fiscal desperation, risking further wealth flight in an economy already losing ground to global rivals. It highlights cross-party failures in retaining capital over decades of decline.