VAT Cut Is Economic Sabotage
CRANMER:
So, the chocolate bar in your Christmas stocking that would have cost you £1 will now only cost you 97.75p, which retailers will round up to 98p – that is, if they bother passing on the reduction at all. And if you buy quite few chocolate oranges, your savings could be as much as 10 or 15p. A litre of petrol might fall by a penny. Your bottle of wine might be 20p cheaper, or your average saving on a laptop might amount to £7.
Posted: 24th, November 2008 | In: Reviews Comment | TrackBack | Permalink