Jack Chambers

are faced with a relatively high income tax burden and we want to alleviate some of that in Budget 2027 and why it is an absolute priority for us.

So what we've said there is in July, when there's a, I suppose we'll assess the overall price dynamics in the economy.

And, you know, if there's a continued conflict in the Middle East, we'll obviously review that and, you know, assess the policies that we've developed up to now.

But it's important that across the different interventions we've made, that they're temporary.

They're targeted and they're time limited.

And that's why it's only at the point in time where they're due to expire where we can make an informed decision about that.

Absolutely.

And if these costs were to be made permanent reductions in the context of excise or other areas...

That would have implications in our wider medium term fiscal planning.

And that's why we're correct in making sure they're temporary.

But obviously, if there's a continued exceptional spike in energy prices, we're a government that's running the economy well and we have fiscal buffers in place to be able to intervene.

And that will take an informed decision at that point.

Well, we want to get things done.

And I think that the problem is we've got excessively tied up in bureaucracy, red tape and endless risk of judicial reviews.

And I've taken...

a significant period of time to build the evidence base, what's working, what isn't, and I want to rebalance regulation.

In certain instances, we've got a chilling effect coming from the courts where we've seen endless judicial reviews taken against projects.

With the Supreme Court decision on Section 15 of the Climate Act, which

reflected, I think, you know, a very serious kind of subjective risk around the climate assessments of particular projects.

And what I've said in the critical infrastructure bill, which we're fast tracking, is that we're removing section 15 for projects that are designated.