Brown in another tax manoeuvre

Gordon Brown’s tenure has featured as many U-turns as a hapless police car in an episode of the Dukes of Hazzard. Now the government is performing an about-face over capital gains tax, only three weeks after it announced a sweeping 18% rate. But this is one change that may well have the business community high-fiving each other and bursting into shouts of ‘yee-hah’.