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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.

Royal Mail British Auto Legends Stamps: Thoroughbreds & Workhorses

The Jaguar E-Type Stamp (pictured) is just one of set of stamps to celebrate British Auto Legends Commemorative stamps have become an industry on their own, and are probably the only bit of Royal Mail that works at a profit. After all, stamp collectors are buying a service when they buy the stamps but aren’t actually using it. The latest set of Royal Mail stamps are designed to commemorate ‘British Auto Legends’ with the core set of six stamps celebrating some of the coolest cars to come out of the UK in the 1960s and 1970s.

Texas mulls upping speed limit to 85 mph

Texas and Utah are the two states that have 80-mph posted speed limits. But Texas wants to up the ante to 85. State officials are considering changing the limit on Highway 130, which runs between San Antonio and Austin.