In reply to balmybaldwin:
A better money saving move would be sorting out VAT.
Businesses spend millions if not billions of pounds dealing with vat, buy something and you pay vat, then you claim that vat back again, sell said something to another business and you charge vat and send it to the government who then give it back to the business who has bought it from you when they ask for it back.
This carries on until said product finally reaches someone who is not vat registered.
The same £2 on a £10 sale can be bounced back and forwards a dozen times with admin costs at every move.
A far better way would be to have vat exemption certificates (same as we have vat registration now) and when selling to a vat registered company you don't charge vat as long as they produce a valid certificate.
Once said item reaches the non vat registered end user the last person to sell it charges the vat and sends it to the treasury.
The only down side to this is the hundreds of thousands of people who would no longer be dealing with vat returns on both the public and private side of the fence might end up out of work.