V.A.T Drop to 15 percent

[PeterB]

All businesses here are all based on Overdarfts, loans etc...

Not quite all .... I ran my company for 16 years and had a good living from it, the only debts the company had was to the shareholding directors.

However, on the whole I agree with you - the over abundance/overuse of credit is a major factor in the current crisis.

[Jay&Zobel]

Not quite all .... I ran my company for 16 years and had a good living from it, the only debts the company had was to the shareholding directors.

However, on the whole I agree with you - the over abundance/overuse of credit is a major factor in the current crisis.

Oh hehe, think i should change it to ALMOST ALL, not All heehe... Then good for you! i hope some strugling companies will be able to cope up soon because pity are those who will be made redundant before the end of the year (especially near Christmas).

Thank you po!