UK freezes fuel duty amid apparent rise in bus fares, subsidizing fossil fuel; capital gains tax on carried interest to rise (2)

These decisions on fuel duty and base fares seem anti-climate protection.

EV subsidies will be maintained, chancellor Rachel Reeves said.

Air passenger duty to rise about £2 …private jet to about £450 per passenger to “say California”, Reeves said (pro climate protection)

Will abolish the non-dom scheme, as expected

Will add VAT to private-school fees

From 2028, personal tax thresholds to be uprated (freeze stopped)

Defence spending to rise £2.9b next year

Reeves in parliament

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