Consumers plan big purchases ahead of VAT hike

Consumers plan big purchases ahead of VAT hike A third of consumers plan to rush through big purchases this year to beat January’s VAT hike, a survey suggested today. Read more on Independent 2 million lose jobless benefits as holidays arrive Extended unemployment benefits for nearly 2 million Americans begin to run out Wednesday, cutting off a steady stream of income and guaranteeing a dismal holiday season for people already struggling with bills they cannot pay. Unless Congress changes its mind, benefits that had been extended up to 99 weeks…