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News In Focus on Tiscali Money: Video, pictures, news and analysis of the main money story of the month

In Focus

Alistair Darling has slashed VAT in a £20 billion cash boost to revive the ailing economy.
 

Related News

Darling cuts VAT to boost economy
Alistair Darling has slashed VAT in a £20 billion cash boost to revive the ailing economy.
How the VAT cut will lower prices
With the high street already offering price cuts to cure ailing sales, Christmas shoppers may not notice much difference when VAT is slashed by 2.5%.
Tax cut bid to halt business exodus
UK businesses have been offered a tax relief lure in an effort to halt the exodus of firms seeking lower taxes abroad.
Annual borrowing to hit £118bn
Net borrowing could hit an eye-watering £118 billion next year as the UK braces itself for looming recession, Chancellor Alistair Darling has said.
£1.3bn to help jobless back into work
The Government is to launch a £1.3 billion package of measures to help the growing number of unemployed find new jobs, Chancellor Alistair Darling has announced.
Mixed views on rescue package
Reaction to Chancellor Alistair Darling's speech has been varied across British industry and pressure groups, with unions praising the removal of New Labour's "shackles", while one business leader said the Chancellor "could do better."

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Added: 30 November 2008 18:11
Very Disappointed says:
Why has the chancellor allowed companies such as GE Money lending to increase their vari loans by a further 1.95% from Dec08 after the budget when the interest rates have fallen.
Further misery for the British consumer and buisnesses allowing an American companies to act in this manner.
It appears they have not increased any other GE Loans for example in America.
Added: 24 November 2008 20:40
notconvinced says:
We have made a rod for our own backs, the feckless have won, they can brittle their credit cards buying even more Chinese tat. As we haven't a manufacturing base, our ports will be busier than ever. Shares in shipping and freight company's will rise. The millionaires can buy their expensive goods at reduced VAT, because they don't pay tax, they employ 'creative' accountants that make sure they don't. In the meantime, the working class will pay through the nose in increased taxation for decades to come, but this chancellor won't care, he will have a lucritive job in Brussels after the next election.
Added: 24 November 2008 20:33
trev says:
stop knocking pensioners .how many troublesome children are there of single parents who are here because they were the means of getting the work shy parent housed!
Added: 24 November 2008 19:01
Pensioner says:
The comments from snowbear are very offensive. I myself have been a Pensioner for a number of years and have not been on benefits of any kind. The fuel allowance is a god send at this time of the year. Personally, I think the disabled people get enough allowances. I know disabled people who say they have never been so well off in all their life.
Added: 24 November 2008 18:53
snowbear says:
so the pensioners get more money and earlier to help top up the tan paid for by fuel payments, the family can spend more on cigs and booze when their credits go up and allowances increase also early, but hey the disabled and carers get nothing again so we are forgotten to make way for the and kids who dont understand what life even is or the walking dead we r not all as foolish as the government thinks wait till the next election

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In Video

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Controversial plans to increase car tax for the most polluting cars have been scaled down and postponed until 2010
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