In the wake of Storms Austen and Boelo, which left over 800,000 properties without power across the UK, Verdant today urges the Chancellor to introduce a first-of-its-kind “Extreme Weather Levy” to raise billions that can help cover the rising costs of climate change.

How the industry's employment case for the UK data centre buildout falls apart under scrutiny – and the resource cost it obscures.

Successive heatwaves from May to the end of July 2026 have an estimated economic cost of at least £4.4bn. If heatwaves keep intensifying at the rate seen over the last decade, we should expect at least £25.6bn in cumulative losses from summer heatwaves each year by 2030. 

The economic cost of the June 2026 heatwave, and the bill still to come by 2030

How the UK government can save money and support public services