UK spending review 2025: Key climate and energy announcements

UK chancellor Rachel Reeves has unveiled the first spending review under the current Labour government, announcing funding for nuclear power, energy efficiency and carbon capture and storage (CCS).

 A spending review establishes each ministry’s spending limits and priorities for the rest of the parliamentary term.

The Department of Energy Security and Net Zero (DESNZ) received one of the largest jumps in capital spending, despite energy secretary Ed Miliband reportedly being one of the last to agree to a spending settlement.

Before the final details had been announced, the Times was describing Miliband as one of the “biggest winners” from the process.

Click for the full article at Carbon Brief

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