There were some important pointers to future government policy toward fleets in today’s budget. Fleets will get the chance to have their say on diesel taxation in the coming months, ahead of what could be big changes in the Autumn statement. One clue from the red book is that the Treasury expects revenues from fuel duty to rise by £2 billion to £30 billion a year by 2021.
Then we had the announcements around investments in EV battery development and the publication of the government’s 5G strategy, which has a strong focus on mobile data and advanced business mobility.
It may have looked like a quiet budget, fleet wise, but there is a lot in it for business strategists to think about.