VAT to be cut to 15 percentIt looks like Brown will cut VAT from 17.5% to 15% - the lowest the EU will allow. This would be the crux of Monday’s recession budget. The move costs £12.5bn and the idea would be to get retail sales moving, then jack up VAT later. The threat of the increase, of course, being the point of the stimulatory push.
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‘Why don’t you just give next door’s kids their ball back and be done with it?’
Martin Vander Weyer looks ahead to next week’s Pre-Budget Report and reflects on George Osborne’s contentious remarks about the devaluation of sterling. It looks like Gordon Brown is getting away with his borrowing binge — leaving the Tories isolated
Martin Vander WeyerThe movie W. did not provide the crude anti-Bush agitprop that the reviewers craved, says Rod Liddle. This was precisely its strength: we need to get inside the minds even of those we most deplore
Rod LiddleClick here for full contents
Selina Mills on how some newly discovered tapes give us a glimpse into the life of Agatha Christie
Joseph Connolly reveals a life-long obsession with hats
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