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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.

Jaguar Land Rover Special Operations buys world’s biggest British car collection

James Hull’s British car collection – new owned by Jaguar Land Rover News watchers and petrolheads may be aware that the world’s biggest collection of British cars has been up for grabs recently as its owner – cosmetic dental guru James Hull – decided he wanted to see his collection in new, safe hands after a run of health problems. And now it has a new owner. James Hull has sold his entire collection to Jaguar Land Rover’s Special Operations in a deal that secures the collection’s future – and keeps it in the UK – for a price that is doubtless well below the much-vaunted £100 million it’s though to be worth.

New Peugeot 208 (2012) to be revealed next week

The new Peugeot 208 (2012) set to be revealed next week The Peugeot 207 has been around for a long time, and has never quite hit the highs in sales Peugeot hoped. But the replacement for the 207 – the new Peugeot 208 – is just round the corner, and Peugeot has high hopes the new 208 will be a big hit. We’re expecting the Peugeot 208 to make its production ready public debut at the Geneva Motor Show in the Spring of 2012, but La Tribune are reporting this morning that Peugeot are planning to reveal the 208 on 2nd November.