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Thread: Pasty La Vista
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29th May 2012 #1
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Pasty La Vista
A chance to initiate a "fat tax" gone? Ot a triumph for one of the Uk's traditional foods?
"Bakery chain Greggs is celebrating following the Government's U-turn on the unpopular "pasty tax".
Chancellor George Osborne caved in on his plans to charge the 20% rate of VAT on hot baked snacks such as pasties and pies.
The climbdown, which followed a campaign to scrap the tax that was supported by 300,000 signatures, saw Greggs shares rise 8%.
Greggs chief executive Ken McMeikan said: "This is fantastic news for the customer more than anything. If we had to put up prices by 20% in the current marketplace when consumers are having a very difficult time we expected there would be an impact on sales but we don't know what it would have been. I think the Government deserves to be applauded."
The U-turn means the 20% tax will now be charged only on cooked pies and pasties that are kept hot, but not those that are still warm after coming from the oven"
Read more: http://www.belfasttelegraph.co.uk/ne...#ixzz1wFUyLh3c
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29th May 2012 #2
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No connection whatsoever with Ginsters making a £100k contribution
http://www.thisiscornwall.co.uk/Gins...ail/story.html
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29th May 2012 #3
if the gov can u turn on this, maybe they will on the minimum income if enough people
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29th May 2012 #4
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29th May 2012 #5
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29th May 2012 #6
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I just think the world's gone mad
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