HAVE YOU CUT YOUR SPENDING BECAUSE OF THE VAT RISE?
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ALLISTER AUGUSTIN | NOMURA
“I’ve got a quite a big family, and we have noticed an extra £15 or so on the shopping every week, although this is not entirely down to the VAT rise. The rise is one of many things that’s costing me.”
JOHN LAUDRUM | RFIB GROUP
“I have spent a bit less because of it. I don’t buy as many DVDs or treats. I think the government should lower the VAT and focus on helping companies to grow more and get more people into work.”
STEWART GABRIEL | ROCELA
“I have definitely noticed prices going up, but it’s a combination of things that make it more expensive. We are probably spending less, because of the wider context of the recession.”