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Alexhat1

Listed below are comments made by Alexhat1 between Wednesday, 7th January 2009 and Thursday, 2nd April 2009.

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The Trillion Dollar Man? 2:40pm on 02 Apr 2009 is any of this new money?
Rose on pay and VAT 4:38pm on 07 Jan 2009 You and other journalists keep on saying that the VAT cut will put £12bn in the pockets of consumers and businesses.

But this £12bn, unlike a straight cut in income tax or a significant increase in the personal allowance, will only materialise if the Treasury forecasts on consumer and business spending hold. And those forecasts for growth and the rest are looking hugely optimistic now - as Darling attempted to the FT this morning.

The government has form on this. Remember the £600m cut in the stamp duty introduced towards the end of last year. Well the Pre-Budget Report says that it will now cost the government closer to £200m.

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