Summary
GORDON BROWN'S flagship VAT cut was branded 'pointless', 'fatuous' and doomed to failure from the start by a string of senior former Labour ministers yesterday.
Ex-trade minister Digby Jones led the charge, claiming it had always been clear that the reduction was 'never going to work' to boost the economy.See the full content of this document
Extract
Ex-Ministers Line Up to Blast 'Fatuous' Vat Move
Lord Jones, former head of the Confederation of British Industry, said the [pounds]12.5billion being spent on a 2.5 per cent cut in VAT should ...
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