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The UK pasty-gate may be a figure of fun to many but for some bakers it is a more serious matter. Today a march on Number 10 Downing Street by a group of bakers is aimed at making their ponit heard. Some may dress as said pasties but that is simply to draw attention to the issue not to make the whole fiasco a complete laughing stock

In the Spring budget Chancellor Osborne announced changes that would hit some industries hard. One was to affect the already fragile caravan industry of the UK. Another was to increase the price of a pasty.

Not sure what a pasty is? Well it is often consumed as a sack but may form part of a meal. It is similar to a pie in that it has a pastry outer. Inside is a range of meats and vegetables. The most common contents are carrots, potatoes and lamb. It can be made of short crust or flaky pastry and be served hot or cold. The last requirement is what is causing the problem.

The UK government claimed that increases on the VAT, value added tax, on pasties was necessary to bring the hot food in line with other products. Cornwall is proud of its Cornish Pasties and does a roaring trade especially through the tourist season. Traditional Cornish Pasties can be huge and cover the whole of a plate. Whilst they represent good value for money slapping a 20% VAT on to the price will not improve trade. In fact it is more liable to damage it.

The marchers are appropriately enough going to embark from Pudding Lane in London. The days events are to include "300 pasty manufacturers gathering on Whitehall this morning and six representatives from the baking industry, joined by Cornish MPs, presenting a petition of nearly 500,000 signatures to 10 Downing Street".

It is doubtful that today's events will make a scrap of difference to UK PM Cameron and Chancellor Osborne. While PM Cameron has said he has some sympathy for the Cornish Pasty industry he believes te changes simply bring that hot food in to line with other foods.

If you buy your pasty cold, and take it elsewhere to heat up, it remains VAT free. The changes instead of streamlining VAT have made more complications and given unscrupulous retailers more opportunity to over charge customers. 

As many people have said we are bombarded with high VAT on items such as veterinarian bills which are already excessive yet we fail to protest. Perhaps it shows were our priorities lie? Only in the UK? Yes, probably.

Tags: VAT increases, pasty gate, downing street march, Chancellor Osborne, UK VAT charges, PM Cameron

 
 
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Are you a UK resident? Do you want news that could either make you howl with laughter, cry in pain or spit feathers? Well hold on to your hat here it comes.

The UK government has offered £10bn ($15bn) in loans to the International Monetary Fund (IMF)
to help economies in trouble. WHAT! I hear you scream.

IMF, international monetary fund, managing director Christine Legarde is hoping to swell the coffers considerably. She wants an increase of $400bil. Of course other countries are being asked to contribute. Right now the details of countries and their additional contributions are, Australia will contribute $7bn, Singapore $4bn and the Republic of Korea $15bn.

Details of this farce can be read at the BBC here. For what it is worth here is this blogger's opinion.

UK citizens are experiencing job cuts, pay freezes, high taxes, inflation hikes, welfare cuts, increased retirement ages, cuts to the military, emergency services cuts, NHS reform, and more. That we are told is the tough medicine we need to swallow to survive. We may not all agree but we will probably all begrudgingly accept this at least for now. The next election will see most people expressing their view then by way of the ballot box.

We do not however want to be told to tighten our belts for the government to squander money to a worthless cause. Let The EU is finished. Pouring good money after bad is not a sensible option. If you have a house that is beyond repair you tear it down and start again. That is unless you have money to waste and are happy spending on a "money pit".

Governments may feel that  they have no other option but that is short sighted. It the EU is going to fail they are simply delaying the inevitable and making a mess of economies in the process.Countries such as Greece that have been trown into deep debt will not survive without radical change. For them it will be an exit from the EU. It has to be. Those countries just protecting their own ends are not being helpful. They are adding to the impending disaster.

Asking UK people to work longer for less money and fewer entitlements may seem all well and good to our illustrious Coalition government but the people may not agree. After all telling us we will have to "suck it and see" when the people of countries we will be bailing out retire earlier and enjoy higher benefits and lower taxes is a nonsense. If Chancellor Osborne has money to squander perhaps he could reverse the granny tax, stop NHS waiting lists increasing, put more police on the streets, improve the minimum wage or commit to 100 and more other improvements sorely needed in Great Britain. Money to burn? Yes it seems when it suits there sure is.

Tags: Granny Tax, Chancellor Osborne, UK taxes, IMF, UK IMF loans, Christine Legarde, bank bail outs