The Caithness Business Index has posted the following article:

New Road Duty Needed To Avoid Electric Vehicle Roll-out Putting Pressure On Britain's Public Finances And Crowded Roads

The UK must - and can - urgently reform its £32 billion of road taxes so that the welcome transition to Electric Vehicles (EVs) does not put pressure on the public finances and road congestion, according to new research published today (Thursday) by the Resolution Foundation. Where the rubber hits the road - the 36th report of The Economy 2030 Inquiry, funded by the Nuffield Foundation - notes that the UK's transition away from fossil-fuel-powered cars is proceeding faster than many experts predicted, with EVs accounting for one-in-seven new cars bought last year. [Read Full Article]