Buxton joins Woodford in panning 'ludicrous' renewables U-turn

Laura Dew
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Old Mutual Global Investors fund manager Richard Buxton has backed Neil Woodford's criticisms of a government decision to cut the tax exemption for renewable energy companies, warning it could render the utilities sector "uninvestable".

Woodford criticised HM Treasury for "back-pedalling" on a decision to support renewable energy companies. The changes announced in the summer Budget on 8 July will see the tax exemption for rene...

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