Richard Holden is in the news over UK budget plans, including EV support and tax hikes. He's a Conservative MP for North West Durham.
As of December 2025, the UK government is expanding its Electric Car Grant by £1.3bn and adding £200m for charging infrastructure to support EV adoption. This comes amid stalled EV demand due to high upfront costs and plans for a new pay-per-mile tax on EVs from 2028, sparking industry concerns about potential market slowdown.
The UK government announced a series of measures in the upcoming budget, including a freeze on rail fares to help households, alongside planned tax increases to address a £20bn fiscal gap. The budget aims to support living standards while managing economic stability amid political pressures.