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Spending Less in 2010?
Will your clients be spending less this year?
A new survey suggests that up to 52% plan to cut back on their spending habits this year compared to just 4% who vow to spend more money.

The research found that whilst 61% of consumers feel that the recent VAT increase is fair, almost half believe that they will notice an obvious change in retail pricing in 2010 and will cut down on spending accordingly.

41% of respondents consider it fair that retailers continue to absorb the 2.5% VAT increase, whereas just 29% think that retailers are suffering enough and shouldn’t have to shoulder the burden.

The areas where consumers believe raised prices will be most evident included grocery shopping (61%), holidays and hotels (50%) and restaurants and bars (39%). Surprisingly, most respondents expect to see considerably less impact on larger ticket items, such as technology products (30%) and furniture shopping (25%).

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Defra shares new Sanitary and Phytosanitary guidance

News Story 1
 Defra has published guidance for the vet sector ahead of a proposed UK-EU Sanitary and Phytosanitary agreement.

The agreement, which will change the movement and trade of animals and related products, could see reductions in checks, paperwork and certification. As well as describing regulatory developments, the advice highlights the importance of animal ID, registration and traceability in disease control and other compliance arrangements.

The guidance can be found here. More detail is expected as negotiations progress. 

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News Shorts
Lords Committee opens Pet Parasite Medication inquiry

The House of Lords Environment and Climate Change Committee will launch its inquiry into Pet Parasite Medication (PPM) on Wednesday (3 June).

Focusing on treatments containing fipronil and imidacloprid, the inquiry will seek to understand distribution pathways and the impacts of PPM use and non-use on biodiversity and human health. It will also cover current regulation, monitoring, and the potential implications for pets and their owners.

The committee will hear evidence from environmental non-governmental organisations and research institutes. The public can follow the proceedings live on Parliament TV or in person in the Palace of Westminster.