HISTORIC PRESS RELEASE : Financial Secretary Stephen Timms talks to CBI on climate change levy [August 1999]

The press release issued by HM Treasury on 18 August 1999.

Listening to views and concerns on the design of the climate change levy is high on Stephen Timms’ agenda in his new role as Financial Secretary to the Treasury.

At his first official meeting in his new role, Mr Timms met representatives from the Confederation of British Industry to listen to their views and concerns on the climate change levy, which is due to be introduced in 2001.

Commenting after today’s meeting, Mr Timms said:

“I was delighted to meet the CBI today and discuss the important issue of the climate change levy.

“There are a number of outstanding design issues relating to the levy, which is why I have been very keen to meet representatives of industry at the earliest possible opportunity.

“I am confident that, by working with industry, we can design the levy in a way that maximises its environmental effectiveness whilst protecting the competitiveness of British firms.

“I look forward to continuing this useful and constructive dialogue with business representatives.”