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UK's emergency Budget 2010: how it affects motorists

Chancellor George Osborne will make the emergency spending cuts on Tuesday 22 June By Tim Pollard Motoring Issues 21 June 2010 09:51 The new UK Government's emergency Budget tomorrow is likely to announce a raft of spending cuts and tax rises bound to affect motorists.  The new Conservative-Liberal coalition government is taking the unusual step of holding an emergency summer Budget to reduce the national deficit, which stood at £156bn in 2009-10. The senior Cabinet members signed off the details of the Budget on Friday, but the details won't be confirmed until Tuesday 22 June 2010.Here's our preview of what to expect if you're a car owner:VAT riseMost pundits agree that the rate of value added tax will rise from today's 17.5%. If raised to 20% – the upper limit expected – it could raise an extra £11 billion a year for Government coffers.

BASF launches car seat design competition

BASF has launched 'Sit down. Move.', the first global car seat design competition. The contest asks for designers to submit their ideas for a car concept car seat using BASF materials and will be judged by three renowned industrial and automotive designers: Dave Lyon, former-Executive Director of Interior Design America for GM, industrial designer Konstantin Grcic and former Pininfarina designer Ken Okuyama along with BASF representatives.

Speed up your work with Ferrari office chairs

If you're looking for a late Father's Day gift, or maybe just a present for the CEO who has everything, a selection of exclusive Ferrari office chairs can be purchased from www.racechairs.com. The rolling, adjustable office chairs look the part, and they should, considering that they were removed from real exotics. Prices for the licensed Prancing Horse chairs start at about $5,000, with the Ferrari 16M model coming in at the sale price of $12,999.