This article in yesterday's Telegraph assigns a 60% chance that the Chancellor will reduce the tax breaks for VCTs:
I'll take your word for it! Even with a 50Mbps link, the delays in this article caused by adverts made it readable only by persons with more determination than I have!
I appreciate that the Chancellor is between a rock and a hard place - and has to increase his tax take somewhere. The VCT tax reduction would have a twofold effect - less VCTs purchased, and less tax relief on the remainder. However it flies in the face of the government's desire to raise more patient capital. But necessity may win over desirability. Anyway - we will soon find out, and if changes are made, doubtless we will discuss it under a new topic heading