Expert Comment
Budget 2020 expert comment - closing the "tax gap"
" A single auditor working on self-assessment returns can bring in enough revenue to pay for their own salary, and that of four nurses too." The Chancellor has announced plans to employ 1300 additional auditors, expected to bring in an average of £770m a year over the next five years by improving compliance with the tax rules. Dr Arun Advani of ÌÇÐÄTV Economics and CAGE explains the "tax gap" and why closing it is important.
Why are people feeling driven to panic buy? Expert comment
"It is … important to realize that fear and anxiety are linked to our cognitive biases and that others might want to manipulate these emotional triggers in us." Dr Georg Löfflmann of the Department of Politics and International Studies comments on the factors influencing people to strip the supermarket shelves of essential goods.
Costs and consequences of data breaches - expert comment
"Market penalty depends a great deal on the type of breach, the sensitivity of the information, the number of records lost, the extent to which the firm ‘holds itself out’ as a safe guardian of data and the delay between breach and disclosure." Dr Jonathan Cave comments on the consequences that can flow from large data breaches such as the recent Virgin Media incident.
The economic impact of Coronavirus - Professor Roger Farmer
"To the extent that the market reflects fundamentals, a fall in values caused by expected future supply disruptions is to be expected and is not necessarily a bad thing. But there is a real danger that Coronavirus will spread not only though biological contagion, but through financial contagion." Professor Roger Farmer explores the potential economic impact of COVID-19.
The UK and the EU negotiate their future relationship - expert comment
The post Brexit negotiations between the UK and the EU on their future relationship, and in particular on a Free Trade Agreement, will be a complex set of negotiations over multiple issues, with multiple factors at play. Expert comment from Professor Abhinay Muthoo.