Vince Cable laughed off a question on whether the Government lacks a credible industrial strategy yesterday, despite having made more U-turns in recent weeks than a boy racer in an empty car park.
While the pasty tax has grabbed the headlines a rise in VAT on static caravans is set to hit manufacturers and hurt British tourism. This coincides with a multimillion pound advertising campaign to promote Brits taking holidays in the UK, or ‘staycations.’ Both changes have now been reversed and static caravans will now be charged VAT…
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