Treasury cautious on 'green tax' offer

  • 29/04/1998

  • Financial Times (London)

The UK Treasury insisted that it would agree to the earmarking of revenues from "green" taxes for environmental spending only on a "case by case basis". Dawn Primarolo, a Treasury minister, refused to confirm a declaration by John Prescott, deputy prime minister and chief transport minister, that the Treasury would allow money raised from new transport charges to be spent on improving public transport and infrastructure.