George Osborne has agreed to water down plans to tax pasties and caravans following a widespread public backlash. Pasties and other bakery items will no longer attract Vat if they are “cooling down” after being removed from the oven. The Chancellor controversially proposed in the budget that any food served above ambient temperature would be taxed at 20 percent to address an “anomaly” in the system. However, the proposal sparked protests from bakeries and others who claimed it was an unfair tax on millions of working-class Britons who enjoyed pasties and pies for lunch. A tabloid newspaper hired an actress dressed as ... (full story)