British Broadcasting Corporation


Page last updated at 16:07 GMT, Monday, 24 November 2008

Darling announces VAT cut

Advertisement

Chancellor Alistair Darling has cut VAT from 17.5% to 15% for 13 months in his pre-Budget report.

Mr Darling said Britain would officially enter recession in 2009 in his Commons statement.

SEE ALSO

Story Tools

PRODUCTS & SERVICES

Explore the BBC

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.
Americas Africa Europe Middle East South Asia Asia Pacific