economonkey

The Laffer Curve is a description of the theoretical optimum point of taxation rate on a population. It implies that there’s a ’sweet spot’ of taxation where the most income is generated for government coffers. Set the taxation rate too low and the government misses out on potential revenue. Set it too high and an [...]

Could there have been a worse possible time for the MP expenses scandal to break? The recession is in full swing, and even if you’ve not lost your job or had your home repossessed yet, chances are you’re feeling a little anxious about the precarious state of the economy.
At a time like this you’d probably [...]

By now everybody except the most wildly deluded of optimists must see that the UK economy is in absolutely terrible condition. Two cornerstones of the country’s economic identity, the property market and financial services industry, have been given a kicking that they may take years to recover from. Interest rates are at an all time [...]