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- eBook price fixing case
- UK avoids triple-dip recession
- IMF identifies three-speed recovery
- Benefit cap
- Budget 2013 – Comment
- UK credit rating downgraded
- EU budget – Cameron can enjoy his Sunday roast
- UK edges nearer to triple-dip recession
- Quantitative Easing put on hold
- Poverty report
- Child Benefit reforms – the end of universal benefits?
- Autumn Statement
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Category Archives: Economics
eBook price fixing case
Apple went on trial this week (02/06/2013) to face charges brought by the US department of justice (DOJ) that, in 2009, it knowingly conspired to fix the prices of eBooks in the US. Last year Apple and five publishers (Macmillan, … Continue reading
Posted in Anti competitive behaviour, Economics, Prices
Tagged Anti-trust, apple, Collusion, Department of Justice, eBook publishers, Oligopoly, Price fixing
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UK avoids triple-dip recession
As expected, the UK economy has escaped from a triple-dip recession by the skin of its teeth with a return to positive growth of just 0.3% in the first quarter of 2013, according to provisional estimates released by the ONS today. Continue reading
Posted in Economics
Tagged GDP, George Osborne, growth, latest GDP statistics, ONS, triple dip recession
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IMF identifies three-speed recovery
The IMF has downgraded its growth forecast for the developed economies, including the UK. In its twice yearly World Economic Outlook the IMF has identified a three-speed recovery from the global recession Continue reading
Benefit cap
From today, April 15th, a benefit cap of £500 per week for couples and lone parents, and £350 a week for single adults will be introduced in four London boroughs – Croydon, Bromley, Haringey and Enfield. Other local authorities will … Continue reading
Posted in Economics
Tagged Benefits Cap, DWP, Ian Duncan-Smith, UK economy, welfare reform
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Budget 2013 – Comment
With interest rates at an all time low, and with QE having run out of steam, it looks like conventional monetary policy is, as least for now, a dead duck. Low interest rates and quantitative easing were supposed to be … Continue reading
EU budget – Cameron can enjoy his Sunday roast
After an intense night of haggling the EU’s 27 leaders finally agreed to a cut in the payment ceiling for 7-year EU budget, reducing the limit from €942.8bn to €908.4bn – a reduction of 3.65%. This represents the first cut in the EU budget since the formation of the Common Market in 1957. Continue reading
UK edges nearer to triple-dip recession
The UK economy experienced a fall in GDP in the fourth quarter of 2012, according to provisional estimates released by the ONS today. The 0.3% fall, which comes on the back of positive news on jobs, means that the UK … Continue reading
Posted in Economics
Tagged growth, recession, triple dip recession, UK economy, Unemployment
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