Thanks kh99 - I'm at least now getting a result, albeit an incorrect one, or unexpected one.
Code in html is:
HTML Code:
<div class="below_body">
<div id="footer_time" class="shade footer_time">{vb:rawphrase all_times_are_gmt_x_time_now_is_y} | Server Time: {vb:raw server_time} </div>
The result i'm seeing is:
All times are GMT +8. The time now is 09:18 AM. | Server Time: 08:18 PM
Server time should be 02:18 AM
Perhaps the server is running on a different timezone to GMT? Maybe I need to implement the timezone into the code you gave above?