Obama unveils new tax cuts and more spending to stimulate economy

US President Barack Obama has unveiled a $450bn (£282bn) package of tax cuts and spending plans aimed at creating jobs and boosting the economy. It includes funding for teachers and firefighters - and tax cuts to small businesses to encourage employment. http://www.bbc.co.uk/news/world-us-canada-14841746

BBC poll reveals shoppers' muted response to VAT cut

Shoppers have given a muted response to the lower rate of VAT, although most want it extended, a BBC poll has found. Some 23% of people said they had spent money they would not otherwise have done so to take advantage of the 15% VAT rate.

http://news.bbc.co.uk/1/hi/business/8370035.stm

Toris propose business tax cuts

David Cameron has unveiled plans to offer National Insurance breaks to firms which employ people who have been unemployed for more than three months.
http://news.bbc.co.uk/1/hi/uk_politics/7721060.stm

Working Lunch - tax cuts on the way?

Working Lunch looks at whether the government will cut taxes and if so, why and what these may be and the possible consequences.
http://www.bbc.co.uk/iplayer/episode/b00fh6bn