November 2008 Archives
Alistair Darling's Pre-Budget Statement - will it help?
Posted by Mark Thomas on November 24, 2008 5:53 PM
The big headlines in today's pre-budget statement had been so well trailed in "leaks" to the Sunday papers and the BBC that the reduction in VAT to 15% and the planned increase in income tax for high earners to 45p in the pound came as no surprise this afternoon.
The VAT move will free up £12.5bn for consumers, always assuming that retailers are a bit fairer with their customers than the banking community and pass the reductions on in full. That has to be good news, both for the retail and manufacturing sectors.
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This page contains an archive of all entries posted to Liverpool Daily Post: Editor's Blog in the November 2008. They are listed from oldest to newest.
October 2008 is the previous archive.February 2009 is the next archive.
Many more can be found on the home page or by looking through the archives.
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