Tuesday, January 4, 2011

A Tenner

Will no longer be a tenner as the new VAT rate strikes. 

The traditional £9.99 will now have to go up to £10.20 to reflect VAT at 20% so I wonder if shops will continue to push this rather idiotic "costs under ten quid" campaign to make goods/services look cheaper than they really are.

The BBC has a couple of interesting articles on this psychology here and here.

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