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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.

In its first year, Indy 500 'glamping' shows potential

For the first time, the Indianapolis Motor Speedway offered “glamorous camping” or “glamping,” on the track's infield during the Indy 500. Across a small lake from the Brickyard Crossing Golf Course's eight hole, IMS settled “Glamptown,” a village of 70 10-foot x 15-foot canvas tents. The tents were available with the choice of a comfortable queen bed, double beds, or two to four military-style cots.

Aston Martin wants the Le Mans title

Aston Martin will challenge for the overall Le Mans Champion in 2009 Aston Martin won the overall title in 1959 – 50 years ago with the DBR1 driven by Caroll Shelby – and are aiming to bring the title back to the UK with the new car, which is based on the 2008 Charouz Racing System Lola, and powered by the same V12 engine seen in the title winning DBR9s of the last two years. The car will carry the famous Gulf Oil colours, and is being funded in partnership with Lola, Michelin, Koni and BBS. And this is a good time to pick to challenge for the title.