The first Labour UK Budget in 14 years, announced by Chancellor Rachel Reeves last Wednesday, brought many discussions and questions to taxes, wages and how it might impact certain industries moving forward. On this episode of the Wolfe Power Club, the energy sector have their say!
We are joined by leading voices across the energy sector, Dr Jan Rosenow (Vice President and Director of Regulatory Assistance Project [RAP]), Rachel Solomon Williams (Executive Director of Aldersgate Group) and Steve Gooding (Director of the RAC Foundation) who express their thoughts on the key issues in energy through the budget and possible potential opportunities. These range from road fuel duties to addressing absent topics like North Sea oil taxes and the Warm Homes Plan.
Please stay tuned in the coming weeks where we will be speaking with our guests solely.
ICASEW Insights Chart (11/10/24): https://www.icaew.com/insights/viewpoints-on-the-news/2024/oct-2024/chart-of-the-week-taxing-times
Teaser: Music from #Uppbeat: https://uppbeat.io/t/nori/from-nowhere
Audio Clips Used:
1. On Demand News: 'UK Budget 2024: The Main Points from Labour's First Budget' - Uploaded 30th October 2024 - https://www.youtube.com/watch?v=TFulRIZzpKI&t=54s
2. Mail News: 'Autumn Budget 2024 - Chancellor Rachel Reeves unveils Labour's plan for £40 billion tax raid' - Uploaded 30th October 2024 - https://www.youtube.com/watch?v=qo6ECV1IpkQ&t=3361s
3. Sky News: 'Prime Minister Keir Starmer defends tax rises in budget | Budget 2024' - Uploaded 31st October 2024 - https://www.youtube.com/watch?v=yU_xHz21YBY
4. Channel 4 News: 'Budget 2024: Labour set out tax hikes to rescue UK economy' - Uploaded 30th October 2024 - https://www.youtube.com/watch?v=W486-AHWliU&t=980s
5. The Sun: 'From road tax HIKE to fuel prices... 7 key Budget changes drivers need to know' - Uploaded 31st October 2024 - https://www.youtube.com/watch?v=QV-AFMGdOVY
6. SSE plc: 'Labour budget reaction: can clean energy generate economic growth? [Clean Energy Pod #14]' - Uploaded 31st October 2024 - https://www.youtube.com/watch?v=og_uxicSOIM&t=731s
7. The Independent: 'Watch: Starmer denies ‘tax hikes’ for working people in pre-Budget speech' - Uploaded 28th October 2024 - https://www.youtube.com/watch?v=hm8rl92zcIk&t=511
Season Two is in Partnership with The Spectator
Tickets for the upcoming The Spectator Energy Summit, on Monday 30th November 2026, are available on sale. Use code: WPC50 for 50% off your purchase
If you would like to partner with The Spectator Energy Summit, please contact Alex on LinkedIn or [email protected]
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Wolfe Power Club Production Team
Founder and Host: Alex Wolfe
Director of Government Relations: Max Austin
Designer: Nick Pelekanos
Editor: Adam Woodward
Social Media Manager: Bella Carter
Recorded at Studio 55 - which has produced podcasts, including Breaking the Taboo with Theo Clarke and The ABTO Podcast