Definitions

News


House price latest

House prices up by 6.9%.

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Model agencies collude to fix rates

Regulators find leading model agencies guilty of price fixing.

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Barriers to entry

Barriers to entry are any circumstance that makes it less likely for a firm to enter a market. Some barriers are deliberately created by the behaviour of existing firms (the market incumbents). For example, an incumbent might deliberately restrict entry in the short run by dropping price to such a level that it is not commercially viable for a new competitor to compete. This would be considered an artificial barrier, and is referred to a ‘limit pricing’ as it is the price at which entry is limited. Other barriers arise as a result of the nature of the market or industry, such as the existence of economies of scale.

There are several types of barrier.

 

 


Alternative finance

Report on the growth of alternative finance.

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GDP latest

UK grows by 0.3% in 2nd quarter of 2017.

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Customs unions

Costs and benefits of customs unions.

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New materials

Multiple choice papers for Paper Three.

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Brexit update

Article 50

What trading options are available to the UK?

Savings ratio

Savings ratio falls to lowest level on record.

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Tax avoidance

Double Irish - and a Dutch Sandwich more..

The OECD presents its final package for reform of international tax rules..more

OECD - reducing income inequality will boost growth..more