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Lord Mandelson set to make his mark with tax cuts?

While the return of Peter Mandelson to the government fold has created a lot of unwanted headlines over the last few days it seems as though the new business minister is set to come to the aid of the UK business sector. He has promised help in the form of tax reductions until the economy improves, but is this all spin or is there real substance?

If ever there was an expert at spin then it is Lord Mandelson who has a history as chequered as a draughts board. Is it just a coincidence that he has made these comments at a time when the Tories are on the rampage, when they are attacking the government's role in the business arena?

As we have come to expect from the likes of Peter Mandelson we often hear the big headlines and little else actually flows through. However, with the UK economy under serious pressure, the Labour party emerging from the darkness, there is a feeling that changes need to be made to continue the fight back.

More and more we are seeing political parties trying to enter the business arena in the quest for support in the opinion polls. Traditionally this has been a Conservative stronghold and the Labour party will have to pull a few rabbits out of the hat to change this perception.

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