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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.

The Stig revealed!

‘Black’ Stig got the sack when he was revealed as F1 hopeful Perry McCarthy (who lives just down the road from our office) and was ceremoniously dropped from the Top Gear frolics by being jettisoned off an aircraft carrier. So what will the boys have in store for ‘White’ Stig now his identity has been revealed as….? Ben Collins.

Auto-safety bill headed to full U.S. House

A U.S. House committee passed an auto-safety bill with a number of changes in the original legislation that the auto industry and Rep. John Dingell, D-Mich., were looking for.