Lukewarm business reaction to Autumn Statement

Businesses, environmental professionals and NGOs have welcomed greater infrastructure spending and focus on electric vehicles in the Autumn Statement, but are critical of environment funding elsewhere

Areas outside infrastructure such as the circular economy and renewable energy were sidelined in the 2016 Autumn Statement. Photograph: Oleg Dudko/123RFThe chancellor’s first and last Autumn Statement has left the green business community lukewarm at best after the excitement surrounding ratification of the Paris Agreement in November.

Most welcomed greater certainty in Philip Hammond’s statement on increased long-term funding for infrastructure, research and development, particularly for electric vehicle charge-points and research.

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