The Chancellor remains in the top spot for the third year for deciding what to tax and how public money will be spent, which ultimately has a huge affect on the ‘green agenda’.
His decision in the Autumn Budget to delay a government review of the impact of WLTP on Vehicle Excise Duty and company car tax was a blow to the fleet sector as it makes strategic long-term planning difficult.
The Budget also failed to bring forward the two per cent company car tax threshold for electric vehicles to 2019/20, which the fleet industry had been calling for.
Hammond is no stranger to transport issues as he was previously Secretary of State for Transport from 2010 to 2011. He has been in his current role since July 2016.