Chancellor targets long-term infrastructure and innovation

Spending increases in infrastructure, low-carbon transport and innovation have headlined the Autumn Statement, but carbon taxes continue to be frozen and flood defence spending is modest

Infrastructure and innovation dominated chancellor Philip Hammond's Autumn Statement. Courtesy of HM TreasuryLong-term investment in industrial productivity growth through innovation and higher infrastructure spending including transport have headlined the latest, and last, Autumn Statement.

But chancellor Philip Hammond’s statement on 23 November had little to offer the wider green economy or the hopes of those seeking to decarbonise the country, deferring bigger decisions to next year.

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