
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, potential opportunities and what they want their perfect budgets to look like. 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.
00:00 Introduction
02:24 Reflecting 1 Week On + Podcast Updates
10:02 Labour Government’s 5 Year Plan (SG)
11:40 New Ways of Execution in Physical Policies (DJR)
16:52 The Various Stakeholders’ reactions to Budget at Aldersgate (RSW)
18:38 Big Home Items Creating Energy Efficiency (DJR)
21:29 Funding for British Houses/Insulation to reach Net Zero? (RSW)
24:47 GB Energy and Carbon Capture Process (RSW)
27:27 Road Fuel Duty for Motorists (SG)
30:13 Businesses on Green Agenda (RSW)
33:51 RAC: Approach in Old and New Differences in Government (SG)
36:04 RAC: Perfect Budget and Issues in North (SG)
42:34 How to Build the Austrian Road Qualities (SG)
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=51
Call to Action:
– A focus on investment trends, governmental policies, and the evolving landscape of energy consumption, it promises to provide valuable insights for both industry professionals and the general public.
Contact Information:
– If would like to be on a future episode or you would like to become a sponsorship partner, contact us: emilia@wolfepowerclub.com.
– Follow Us: Stay updated with the latest episodes and behind-the-scenes content by following us on Linkedin, Instagram, X, and TikTok.
Credits:
– Funk You, Abbynoise, Music from #Uppbeat (free for Creators!): https://uppbeat.io/t/abbynoise/funk-you – License code: 5CEYMJHNJPK0L1G5
– Flomp Beat, All Good Folks, Music from #Uppbeat (free for Creators!): https://uppbeat.io/t/all-good-folks/flomp-beat – License code: G9H2S0LXXPH5NCG2
Sponsorship:
Season One is sponsored by Aim Recruit – https://aimrecruit.com/
Aim Recruit is an expert recruiter for transport, logistics and energy positions.
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