Shrugs over the VAT rise

HALF of shoppers insist next year's VAT rise will not make them spend less.

More than one in three plans to splash Jimmy Choo Bags Replica out on new items such as TVs and radios before January's 20% rate.

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But one in four is anxious about general rises in grocery prices and nearly half worry about petrol costs, a survey by shopping analysts Retail Eyes found.

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The firm's Simon Boydell said: "There's a lot of uncertainty among shoppers, so retailers need to entice consumer spending before and after the VAT rise."

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