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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.

Alfa 4C beats Aston Martin DBS (AM310) to Villa D’Este prize

The Alfa Romeo 4C has beaten the Aston Martin Project AM310 (new AM DBS) to the prize for best concept at Concorso d’Eleganza Villa d’Este. As you can’t have failed to notice, this last weekend was the Concorso d’Eleganza Villa d’Este, an elegant and delightful car event on the shores of Lake Como in Italy. And the new Aston Martin DBS (Project AM310) was the big news.

Mini celebrates 10 years in U.S. with cross-country rally

Mini will kick off its biggest road rally in America, called Mini Takes the States, on the East Coast on July 4. It will conclude at the Pacific Ocean on July 15. The biannual rally will celebrate all things Mini as the company marks its 10-year anniversary in the United States.