Prediction 1

JasonLVC

It's announced that VAT will go up 04 January 2011.

That 'curve ball' I hinted at earlier.

It makes sense I suppose, but watch as everyone goes on a mad spending spree between now and New Years Eve!

I must say, its a good budget so far and George is doing alright (apart from the frequent stumbling over of words!)

michaels

Makes sense for two reasons:
1) A forecast VAT rise will bring forward spending which helps the economy this year
2) By delaying until Next year the RPI effect of the increase to 17.5% will drop out of the figures at the same time as the new increase comes in