Reinforcing my strong criticism in previous posts of the temporary cut in VAT rate is an item I heard on BBC Radio Devon this morning. They were interviewing a lady who owns a boutique in Tavistock. She stated that all her stock is for sale at 50% off. No, correction, there are some items where the discount is even greater than this apparently. With reductions of this sort of magnitude the change in VAT is obviously just a pinprick.
I rest my case.