The UK government has correctly spotted an important problem: investors in clean power need more certainty than current policy provides.
Last week we saw the ratings agency Fitch downgrade the UK's credit outlook from 'stable' to 'negative'. Cue much wailing and gnashing of teeth in the corridors of power throughout Westminster, with the coalition government saying this justifies their position as the 'guardians of austerity', whilst the Labour party mumbled about how these parsimonious plans clearly weren't working.
Chancellor George Osborne doesn't have much to cheer about In the run up to his third Budget this week.
With the Budget now just days away the families that we work with are waiting with baited breath to see if the Chancellor will throw their finances a lifeline or push them further beneath the waves.
For many of us, the British Chancellor's annual budget announcement is a familiar ritual. We watch out for the extra couple of pence on a pint of beer or a glass of wine. We wince at the inevitable hike at the petrol pumps and wait hopefully for a few pounds back in tax credit or personal allowance. But the UK budget doesn't just matter to 60 million Brits.
The headline this Chancellor always wants remains: "We are all in this together". This Budget looks like being a substantive speech. But with the final package still to be agreed the spin doctors will be gearing up for overdrive with their 'freshly baked' rather than 'warm' words.
Next Wednesday George Osborne looks set to announce a further increase in the personal allowance. With the PA already set to hit £8,105 in April, a further rise to around £8,800 in 2013 would keep the government on track for its £10k target by election day.
In opposition, George Osborne repeatedly stressed he would be a pro-savings chancellor. At this very difficult time for savers, he needs to live up to his promises and resist the temptation to view pensions as an easy, short-term hit.
The current row about child benefit coming just weeks before the budget on 21 March has again concentrated minds on the impact of austerity and government cuts on family finances.
If you want to do something beneficial for businesses, a tax cut for the rich is not what you should be wishing for. There are other devices which will work much better.
Yo Dave! I know you're a bit busy, but I was wondering if you could help me out with something? I like to think I'm fairly clever and that my comprehension is pretty good but I'm having a bit of trouble with the blog post you wrote here on Thursday.
The truth is if the Legal Aid Bill is passed we the taxpayer will be left with millions of knock-on costs. This is something Ken Clarke and co. are desperate to keep away from peers and the public.
Last week 537 business leaders signed a letter urging that the 50p tax rate on very high earners be immediately scrapped in George Osborne's upcoming budget.
Unfortunately it's becoming more and more expensive to develop video games in the UK compared to other countries, which award developers tax breaks. If we're not careful, the UK games development industry could begin to experience the effects of a 'brain drain', with many people considering their options carefully and making the decision to work abroad.