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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.

First sight: Volkswagen Passat (2015)

In recent years, European buyers have been switching their mid-size sedans and wagons for smaller cars, crossovers and SUVs. The Volkswagen Passat, Europe's most successful company car, has defined this market segment pretty much since it arrived back in 1973, and this latest, eighth-generation model has been designed to attempt to reverse that buying trend. When we catch up with design director Dr Klaus Bischoff at the car's unveiling, he's certainly confident that the new car represents a significant step forward.

Koenigsegg Agera R: Geneva bound

The first Koenigsegg Agera R - produced for the Oman Royal family This time last year – give or take a week or two – we heard a whisper that Koenigsegg had something new planned for Geneva. A day or two of furtling around and we were able to report a week later that Koenigesegg were indeed taking something new to Geneva – the Koenigsegg Agera. The Agera duly turned up at Geneva in March and the last year has seen a number of orders for Ageras, although so far – to the best of our knowledge – just two Ageras have been delivered.