Advertisement 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. Share Tweet Plus Reddit
29 May 2012 at 9:44am Greggs share price up after pasty u-turn Shares in the Newcastle-based baking giant Greggs rose by 6% this morning after the Government climb down on 'pasty tax'. Ministers have decided to reverse plans to charge VAT on hot baked goods such as pasties, pies and sausage rolls. Shares in the firm had fallen by 15% in the wake of the announcement in the Chancellor's Budget in March. Last updated Fri 18 Jul 2014 Read more 7 updates Pasty Tax U-Turn Politics Greggs Pasty Tax Share Tweet Plus Reddit
Victory for bakers after 'pasty tax' U-turn A vocal campaign by high street bakers, including Newcastle-based Greggs, helped overturn an "unpopular and unfair" tax.
Pasty row rumbles on The debate over George Osborne's plans to charge VAT on hot takeaway food rumbles on