Monthly Archives: January 2011

UK debt approaches £1000bn

The UK debt is forecast to reach £1,100bn this year and is currently on £999,2bn.  A website dedicated to monitoring and explaining the debt has been produced and is useful for reference even if you don’t agree with its commentary.  … Continue reading

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VAT increase not quite as much as you think

Tomorrow VAT increases to 20% from 17.5%.  An item costing £100 now will cost £102.12p tomorrow.   Some might think it will cost £102.50p but it’s actually nearly 40p less due to simple arithmetic. On top of that many items like basic … Continue reading

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