(1 year, 7 months ago)
Commons ChamberThis Government have given significant support to organisations up and down the country to help with cost of living issues. That is on top of the programmes that we are providing, including the ones that I was talking about a moment ago, for grassroots sport. We are putting more money into grassroots sport now than has been put in for probably decades.
British motorsport, in order to stay at the cutting edge, wishes to transform itself to use synthetic and sustainable fuels, but the taxation regime disincentivises that. Will the Minister work with me and colleagues in the Treasury to ensure that the use of sustainable fuels is incentivised?
I completely agree about the importance of motorsport in this country, and I pay tribute to my hon. Friend for his commitment and hard work in this area. We already support sustainable and synthetic fuels under the renewable transport fuel obligation scheme. Tax policy, as he knows, is a matter for the Treasury, but I will of course work with him and ensure that his ideas are shared across Government.