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(I helped save b3ta! rob, Sun 1 Apr 2001, 1:00)
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It would cost over £1 billion, but that's an awful lot less than quantitive easing.
which is currently about £75 billion.
(PsychoChomp, Wed 9 May 2012, 12:34, 1 reply, 14 years ago)
It is probably more likely to encourage spending
But on its own would not be enough of a stimulus.
How about a cut in the VAT rate too?
(I helped save b3ta! tangledupinblue hairy badge with moving eyes, Wed 9 May 2012, 12:44, Reply)
Cutting VAT wouldn't work - prices wouldn't fall - retailers etc. would use it as an opportunity to increase their margins.

(I helped save b3ta! Fucking hell Jeff I am not a robot, Wed 9 May 2012, 12:47, Reply)
Increasing margins of retailers would promote growth.

(PsychoChomp, Wed 9 May 2012, 13:25, Reply)

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