Tricia Fox
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Comment on: Chancellor confirms 2.5% VAT cut
If the Chancellor wanted to demonstrate his incompetency in his role, he has undoubtedly made it happen with this seemingly ridiculous change 5 weeks before Christmas and at retailers' busiest time of year. For those retailers with multi-channel logistics, the pruice changes alone will be so cost prohibitive (re-printing and system re-engineering) that the consumer is unlikely ever to see the benefit of this change. People who understand to little about business and the economy should not be allowed to hold positions of power.
