DECC resource budget to be cut by 8%

The Department of Energy and Climate Change (DECC) will have its resource budget cut by 8 per cent, reports Utility Week.

Chancellor George Osborne announced the £83 million cut to the department’s resource budget, which comes into force for 2015/16.

A DECC spokesperson said: “This is a fair settlement for DECC, under which the department will make a contribution to the government’s wider fiscal goals.

“By focusing on efficiencies, the settlement enables DECC to continue with the programme of reforms that we are putting in place to stimulate the low carbon economy.”

“By focusing on efficiencies, the settlement enables Decc to continue with the programme of reforms that we are putting in place to stimulate the low carbon economy.”

Read more on this story at Utility Week

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