Price changes: less good news

Books are zero-rated for Value Aded Tax in the UK, but CDs are not. From this week, the rate of VAT on CDs goes up from 15 to 17.5 per cent. This has prompted us to raise the price of the Hyphen Press Music CDs from £14 to £15. But, given the present exchange rates of the UK-pound to the euro and most other currencies, this may not mean much to buyers outside the UK: one would still pay significantly more on the European continent for CDs of this kind.