Monday 10 November 2008

Could be possible tax cut


Gordon Brown has said he will do everything he can to see if cuts in taxes can be made.


This has come after David Cameron announced plans for tax cuts to keep people in work. And the lib dems have said they would offer tax cuts to lower paid people.


When asked on GMTV would had been done to help struggling familied,Gordon said petrol duty had been frozen and people where getting 120 pounds back from income tax due to the 10p tax row,.


He also added "Of course we are going to look at everything but that's a matter for the Budget and the pre-Budget report. "


The former chancellor also said he was expecting food prices to come down as a reult of a better wheat harvest and petrol prices are already falling.


When asked about about banks and interest rates he said "You can't cut interest rates and see no benefit to people - that's not acceptable, particularly when you are trying to help the banks - like Northern Rock - through difficult times."

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