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    EIB Approves Funding for Power Grids and Nuclear Initiatives

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    July 16, 2026

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    Quds Times: Jerusalem and Palestine, in context.Quds Times: Jerusalem and Palestine, in context.
    Home » UK Unveils Draft Legislation for Electric Vehicle Mileage Tax
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    UK Unveils Draft Legislation for Electric Vehicle Mileage Tax

    July 15, 2026
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    UK publishes draft law for EV mileage tax
    Draft legislation sets the next stage for Britain’s electric vehicle mileage charge.

    Government projections indicate that roughly 5.6 million vehicles will be subject to this tax in the 2028-29 fiscal year. The Office for Budget Responsibility has estimated revenue of £1.1 billion for that period. Revenues are expected to grow to £1.435 billion in 2029-30 and reach £1.865 billion by 2030-31. The implementation process now includes legislation, payment systems, mileage verification, refunds, penalties, and procedures for appeals and disputes. Motorists will start paying this fee when they renew their vehicle tax after April 1, 2028.

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    EIB Approves Funding for Power Grids and Nuclear Initiatives

    July 16, 2026

    EIB Group approves €17.4 billion for energy, nuclear upgrades, transport, business finance and Ukraine border links across Europe and partner markets this year. The post EIB approves investment in grids and nuclear power appeared first on Arabian Observer: Observe more. Understand Arabia..

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