Multimillion-pound Budget boost for tree planting across England

Philip Hammond is set to announce a £60 million pledge to plant more trees to help preserve the country’s environment.

England’s green spaces will receive a multimillion-pound boost in the Chancellor’s Budget.

Two pots of cash will be unveiled including £10 million for new trees in streets and urban areas, to be matched by funding contributions from local authorities, community groups and charities, the Treasury said.

On top of this, up to £50 million will be available to purchase carbon credits from landowners who plant qualifying woodland, providing for an estimated 10 million new trees over the next 30 years, the Department added.

It follows the launch of the Government’s 25 Year Environment Plan at the start of the year.

The Budget is also expected to approve a study into a new “Great Thames Park” in the Thames Estuary.