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MP says scrap "pasty tax"

Could you soon be paying more for a pasty? Credit: ITV Westcountry

A Cornish MP has added his voice to calls for the so-called "pasty tax" to be scrapped. Liberal Democrat Stephen Gilbert has tabled a motion in Parliament calling for VAT to be lifted from hot pasties. Last week The Chancellor extended VAT to hot food sold from bakeries and supermarkets.


What can we expect from the Chancellor on Budget Day?

There's been plenty of speculation about what will be in George Osborne's red briefcase. Credit: PA

The Chancellor, George Osborne will unveil the 2012 budget later today.

ITV's Business Editor Laura Kuenssberg has been taking a look at what we can expect from the Chancellor on Budget Day.

ITV's Consumer Editor Chris Choi has been looking at how families could win and lose from the budget.