The legislation was set up to aid import

The legislation was set up to aid importers of small, low-value goods into the European Community. "Many retailers have set up in the Channel Islands and have been undercutting Tesco's prices for years," says Lucy Neville-Rolfe, the supermarket's company secretary. Boots is profiting from The Hut's VAT free sales by selling the music retailer's CDs and DVD on its website..

Both government and industry experts said the biggest surprise is how quickly the electric industry turned away from coal. In 2005, coal was used to produce about half of all the electricity generated in the United States. The Energy Information Agency said that fell to 34 percent in March, the lowest level since it began keeping records nearly 40 years ago..

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