[derekgas]

As far as prices are concerned, someone has to be paid to go round and change them all, this works out more expensive than the savings, without mentioning the raise in employers national insurance, so you are unlikely to see price reductions on everyday small to medium items, only on things like cars etc. You also have stock that was paid for at the old rate, so selling it on at the new rate will cost the middle men three pound per hundred approximately.