CITY VIEWS: WILL YOU BUY NOW TO AVOID THE VAT RISE?

MARK RODDIS | HISCOX
“No, I won’t make any big purchases because I don’t have any big purchases to make before then. I’m not really bothered by the 2.5 per cent increase in costs to my everyday life. The post-Christmas sales might help to counter the effect as well.”

ASHLEY STRATTAN | CRS YACHTS
“I just bought a new car because of the increase in VAT in January. I don’t mind in my everyday life though. It doesn’t bother me that the government is going to bring in the increase in VAT.”

DAVID HALLMARK | RK HARRISON
“I’m not going to make any big purchases, so it doesn’t really bother me. Unless you’re buying a car it’s not that much of a problem. The government has to pay for the deficit somehow, and it’s only adding 2.5 per cent.”