Energy intensive sectors will receive an 80% discount on the climate change levy which will be applied at a threshold of 2 million tonnes a year by 2010 - not the 1.5m tonnes a year already announced if they sign up for energy-efficiency schemes. The levy will be cut from £1.7bn to £1bn. Gordon Brown pledged that employer national insurance contributions would be cut by 0.3% to compensate for the additional tax burden. As a result he said the levy would be revenue neutral for businesses - both individually and between the manufacturing and service sectors.A 100% first year investment allowance will be increased from £50m to £150m to support energy efficiency in British industry.Real terms rises in road fuel duties will go straight to a ring fenced fund for roads and public transport.He added the government would review the road fuel escalator Budget by Budget.
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