The Chancellor Alistair Darling, is expected to announce that he will be cutting VAT to the EU minimum of 15% (from 17.5%) . So an item costing £10 will now cost £9.75. Now this sounds all good and stuff but this means that £20 billion + is not going into the treasury pockets, one must ask is this wise in a time where public borrowing is sky high?

To me this seems like an extreme measure and just proves that this global downturn is real bad and this all sounds really good now but we will all need to pay it back in the future. No doubt our income taxes will have to go up in a few years time not to mention that all londoners will have to pay for the Olympics via local taxes the future is not looking bright but not orange.

Purchased a LG Cookie today. Im actually really happy with my SE C902 phone at the moment but i thought i must try this new phone. For £100 on pay as you go via the Carphonewarehouse who are selling it exclusively. The phone comes unlocked so you can use it on almost any network in the world.

Anyway it’s the cheapest touch screen phone on the market but that doesnt mean it’s crap. It is really good, fully featured but without 3G the interface is fast and it is easy to type texts.