Industry News from Yes Insurance

The Chancellor of the Exchequer will hit the drivers of gas-guzzlers in the pocket in Wednesday's Budget, it has been claimed.

It is expected that Gordon Brown will increase road tax on 4x4s and sports cars from £210 to £400 over the next two years, according to the Sun and the Times.

The moves is expected to be one of many environmentally-friendly announcements made by Mr Brown and is likely to please green campaigners - if not car insurance customers who drive such vehicles.

A Friends of the Earth economics campaigner Dave Timms has said that the chancellor needed to address such issues in his 11th - and possibly final - Budget address.

According to the activist, climate change needs to be at the "heart" of economic plans, rather than "[tinkering] in the margins".

The World Development Movement has reported that the north-east of England emits the most CO2 in the UK - 34 million tonnes per year.

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