VAT Increase No Affect Electrical Goods.

This is the claim from DSG chief John Browett who is not concerned by the impending VAT hike. Browett, who heads up Currys and PC World, said the effect of price deflation on technology products would offset the increase in VAT due to come in January 2011.

Browett praised the government for taking firm steps in repairing the economy, on a BBC radio station he said “From our perspective, its great to see that in the long-run the government is going to take firm action. That’s got to be good for all of us in the end”.