subsidy

Post offices bosses say 3,000 rural branches face ‘armageddon’ without extension of annual subsidy

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More than 3,000 rural post offices face ‘armageddon’ if the Government does not plug a £50m black hole this week. Chancellor Rishi Sunak was urged to guarantee the special subsidy, which will end in April 2021 unless he intervenes to avoid ‘cutting the heart’ out of villages up and down Britain. Many post offices shops are … Read more

Biomass plants £13 billion subsidy ‘should be reviewed’

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£13 BILLION subsidy for biomass power plants ‘should be reviewed’ as burning wood pellets releases more carbon dioxide per unit of electricity than coal, think-tank reveals Supporters claim biomass power is carbon-neutral as burned trees are replanted But carbon released by burning wood may not be reabsorbed for centuries Climate change think-tank Ember has called … Read more