Pre-Budget Report 2008 LIVE (part five)

Biggies coming in, VAT cut from 17.5% to 15% until the end of next year as o Monday.

Yes Alastair, investment to make homes more energy efficient. I know I still have to do mine.

Personal allowance up by £145, thanks, that’ll do nicely.

Interesting litle adjustment on national insurance, up but also the threshold. Moving the money downwards, that’s what we want.

This is definitely the pre-budget of personal allowances.

Hmm, so that’s fags booze and petrol up a bit to offset lower VAT. I wonder i that will stop at the end of next year Sneaky.