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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 Pigouvian tax

A Pigouvian tax is a tax on the generator of negative externalities, and is named after the Cambridge Economist Arthur Cecil Pigou (1877–1959). It is also called a ‘sin tax’. Pigou argued that a unit tax on harmful products, such as cigarettes, would be an effective may of establishing an efficient equilibrium price, which took into account the negative effects on consumption.

 


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