VAT cuts

Whilst the VAT cut may not make much difference to the economy, why is it said to be cost the Government £12.5bn!?!

They have foregone £12.5bn of our hard earned money that can be spent how we want it to be spent rather than letting the Government decide how it should be wasted!

"The [Liberal Democrats] would have spent the £12.5bn cost of the measure on creating jobs through investments to make schools, hospitals and homes greener."