History will likely remember Alistair Darling for several things, not least his visual similarity to a human badger. But there’s also the worrying possibility that future generations will look back on him as the Chancellor who killed off the affordable performance car.
Because now the dust has settled on yesterday’s budget statement it’s clear that it’s cheap, fast machinery that is set to suffer more than anything else.
Under the new regime, coming in from the 2010-11 financial year, anything that puts out over 225g/km of CO2 is going to be clobbered with a £750 registration tax and then £430 a year in road tax.
Anything that transgresses further – breaching the 255g/km barrier – will get hit for £950 when the plates get screwed on and £455 a year afterwards.