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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.

Interior Motives Europe Conference 2008

Interior Motives magazine hosted its fourth annual design conference at the Santo Stefano Hotel in Turin, Italy - the official World Design Capital 2008 - from June 17 to 19 this year. A melting pot for innovative ideas, the conference featured enlightening presentations from some of the world's leading designers, all revolving around the theme 'Intelligent Design for Tomorrow's World'. Held over the course of two days, the conference began with a session entitled ‘Redefining Luxury' chaired by CEO and Managing Director of Torino Design, Roberto Piatti.

Rimac Concept One electric supercar offered at Top Marques Monaco

The Top Marques Monaco show at the Grimaldi Forum doesn’t feature the best from Ford, Subaru and Hyundai. What it does feature is booths from lesser-known, bespoke automakers such as Pagani, Hamann, Noble and Croatian supercar-maker Rimac. Rimac introduced the Concept One electric vehicle at the Frankfurt motor show in September.