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Podcast: Beyond Currency
Episode: 23 June 2020 - VAT cut imminent
Description: "The Prime Minister is expected to announce two major lockdown events later today which will see the UK back on the path to normality. Buoyed by the lowest number for fatalities and new cases since lockdown began, Boris Johnson is set to announce the reduction of the social distancing measure from two metres to one.
Rishi Sunak, the Chancellor is apparently putting the final touches to an announcement that VAT will be cut from 20% to 10% on several products. This will be the first cut in VAT since Labour introduced different rates for petrol and luxury items in 1974.
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