Neither the UK Government nor private sector forecasts predict significant growth in the years ahead, with an average of 1 per cent growth per year predicted over the course of the next five years. This is partly, Giles says, because there is still work to do to lower inflation, with high...
As per Euan's post below, the bigger picture is probably the sterling exchange rate. As the economy goes into recession, the tax take falls, and the government will need to borrow more (because it failed to build up a nice big surplus during the boom). That means convincing Johnny Foreig...
These savings compare very favourably with the £15.5m per annum that the Government was spending on the Better Regulation programme at the latest estimate (HMT 2010a).1 Survey evidence covering the period before the NAO assessments began suggests that regulation only became relatively less of a...
a 50% first-year allowance for qualifying special rate assets within the special rate pool (which under the current rules attract a writing down allowance of 6% per annum on a reducing balance basis). Special rate expenditure broadly includes integral features (including electrical systems, hot and...
This is why we think there’s no need to fear the State Pension beingdone away with. The social fallout of scrapping it would be catastrophic for any government. Solo sorrows Another thing that leaps out from the table islife isexpensive for singletons. ...
Currently the UK accounts for 6% of the global space (& satellite) market, even though the government’s investment is less than 25% of that provided by nations such as Germany, France and Italy. Space contributes approximately £6.5 billion (2nd in World) to the UK economy per annum, ...
In 2008, the UK Government Office of Climate Change found that there was 65PJ per annum of waste heat with recovery potential in the UK [174]. There is also likely to be significantly more waste heat from space cooling and air conditioning which could add to this total and would appear ...
Although tax receipts were higher, they were offset by National Insurance cuts made by the previous government, along with expenditure on public services, benefits, and debt interest which were all up on the year. Add to the mix that recent figures show that the UK economy is flatlining and ...
Government organisations have been shifting to cloud-based services in order to reduce their total investments in IT infrastructures and resources (e.g. da
By combining the above assumptions, we estimate that everyone that has life EDS saves approximately 30.4 hours of leisure time per annum as a direct result of completing government and banking transactions online. We apply this to the 955 thousand people who are required to gain life EDS per ...