Cash Flow
Astoundingly enough, the entrepreneurial gumption of British retailerdom does not always extend to passing on a financial saving to a captive market. As chancellor Fishy Rishi removed the VAT rate on tampons, while as a Conservative he did nothing to ensure that buyers would see any of the benefit. Prices have fallen by about one per cent on average, against the five per cent cut represented by the removal of the tax, with the retailers apparently absorbing the remaining eighty per cent. A Government spokesbeing responded in expectably strong and forthright fashion, whining at the profiteers to play fair.
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