Pasty Tax U-Turn

The row over George Osborne's decision to charge VAT on hot takeaway food has resulted in a change of policy.

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Full report: Bakers celebrate 'pasty tax' u-turn

High street bakers, including Newcastle-based Gregg's, have welcomed a government u-turn on plans for a 'pasty tax'. Hot baked snacks will now not automatically attract 20% VAT.

Our Business Correspondent Ben Chapman reports.

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