Home | FCA & regulatory news | British English edition
Trade Hub UK

Independent coverage of UK markets, FCA policy and institutional trading

AD Investing.com Markets AD LSEG Data AD CME Group Education AD Bank of England Statistics
FCA & Rules

Heat pump sales soar across Europe after states cut electricity taxes, data shows

EU to push member states to cut tax rate below duty on gas, with 11% surge in sales also put down to fallout from Iran war

Sales of residential heat pumps jumped across Europe in the first six months of the year as the Iran war sent oil and gas prices rocketing and some countries lowered electricity taxes.

Homeowners bought 1.16m heat pumps across 12 European countries, up from 1.05m in the first half of 2025, according to the European Heat Pump Association (EHPA).

Continue reading...