According to Search marketing agency the Eword, Google hold 89.5% of the market share for internet search in the UK. Bing (owned by Microsoft) taks only a relatively small 6.11%. For such an important market, this is a very high market share, and shows Google has extensive monopoly power. This monopoly power has also been …
The UK housing market always provides something to write about. Just when you thought house prices were already too expensive. It looks like the government’s second phase of ‘right to buy’ could push up prices even more. The scheme allows buyers to purchase a property under £600,000 with just a 5% deposit. The government have …
Readers Question: National debt is now extremely high. However aren’t there different kinds of debt e.g that which funds current spending, that which funds investment in infrastructure and emergency (bank bail out etc) Surely it’s the first we should really be worried about and less concerned with borrowing that makes the economy more efficient such …
Resale price Maintenance RPM used to be a common practise for manufacturers to set a minimum price for retailers to sell their goods. In the UK, the use of RPM was quite common in the post-war period from clothes to books, records, clothes and electronic goods. It ensured a minimum price of resale and avoided …
Readers question. Recent data suggests an increase in the current account deficit – is the depreciation of the UK pound ineffective or is it just a blip in exports that will resolve itself next quarter? The UK has experienced a persistent current account deficit since the mid 1980s (see: UK current account for more graphs) …
The other day, I had a quick glance at the newspaper headlines, whilst in a service station. UN Report on global warming states global warming is a real threat to the future of the planet. To contain these changes will require “substantial and sustained reductions of greenhouse gas emissions”. Chancellor announces yet more freezes on …
NEET stands for ‘Not in Employment, Education or Training’ It is used to measure social exclusion, economic inactivity and levels of disengagement from labour markets. It was created to measure levels of labour market participation amongst young people in the UK. In the UK, NEET measures the percentage of young people aged 16-24 who are …
A tax haven is a country where individuals and firms are able to save money on paying tax through low or zero rates of tax. Tax havens may also provide customers with the ability to hide their true identity – helping their activities to remain hidden from the government in questions Countries considered to be …