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.
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