“Why Europe Is Slowing Down”

https://www.bloomberg.com/news/articles/2020-11-18/speed-limits-are-dropping-in-europe-and-the-u-k?srnd=premium-europe

Health, safety and environmental concerns — plus the pandemic — appear to be hastening the movement to drop speed limits in the E.U. and U.K.

“Road pricing could offset loss of fuel duty from electric cars”

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Taxes on motoring raise about £40bn a year for the exchequer from people buying cars and paying fuel duties, accounting for about 5% of total government revenue, according to the Institute for Fiscal Studies.

The chancellor, Rishi Sunak, is understood to be considering options for addressing this shortfall, with potential solutions including a new national system of road pricing – which would mean motorists paying directly to use Britain’s roads.