
t
48 posts























🚨 WATCH: Donald Trump says Britain used to be "the Rolls Royce of allies" but he's "very disappointed" Keir Starmer didn't do more to help in the Middle East "The Prime Minister is a nice man, I think he is a very nice guy"


Annual UK fossil fuel subsidy estimate from the OECD Reduced Rate VAT – gas/other fuels 6bn Fuel Duty Relief 4.7bn Tax reliefs – oil/gas producers 2.7bn Climate Change Levy exemptions/reductions 1.6bn Reduced Rate VAT – electricity 0.9bn CCS 0.9bn Other 0.7bn Total 17.5bn subsidy per year. The IMF puts the annual fossil fuel subsidy at 13.7bn but does not factor in undercharging for environmental costs and forgone consumption taxes Also found some more up to date data from the OECD (Dec 2025) which puts total (explicit and implicit) UK fossil fuel subsidies at $36bn a year imf.org/-/media/files/…
















