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Duncan Innes

History suggests 2011 will be a year of living frugally | Business | The Guardian - 0 views

  • In the first half of 2010, the story was that the big emerging economies – India, China and Brazil – were acting as the locomotive for global growth. But during the second half of 2010, there were signs of the United States and Germany joining the party
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    The Economy unlike Spurs dislikes years ending in 1. Insightful analysis on threats and opportunities in the economy or 2011.
Duncan Innes

BBC News - Newsnight - Is 2011 the year the euro will fall? - 0 views

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    4 minute video highlighting the difficulties for the Euro in 2011.
Duncan Innes

Autumn statement 2011: see how the economic predictions have changed | News | guardian.... - 0 views

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    See how crap the chancellor is at predicting the economy
Duncan Innes

UK exports surge despite the eurozone crisis | Business | The Guardian - 1 views

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    UK exports doing well in 2011
Duncan Innes

UK incomes fall 3.5% in real terms, ONS reveals | Money | guardian.co.uk - 0 views

  • The median salary for a full-time worker in the UK rose 1.4% in 2011 to £26,244, against a headline CPI inflation rate of 5% or higher
  • Progress in closing the gender pay gap has also slowed, with women in full-time employment earning on average £5,409 less than men – the gap narrowed by £179 in 2010 compared with £558 in 2009.
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    Real wages are falling by 3.5% a year
Duncan Innes

Bank of England's Mervyn King: This is the biggest squeeze on families since 1920s | Ma... - 0 views

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    Daily Mail alarmist but accessible assessment of the macro economic picture in early 2011
Duncan Innes

BBC News - If we can have a single benefit, why not a single tax? - 0 views

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    An article looking at simplifying the tax system by combining income tax and NI. Contains a graph for marginal tax rates 2010/2011
Duncan Innes

BBC News - Higher tax rate to hit 750,000 more people, says IFS - 0 views

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    A clear graph on the marginal rates of direct taxation. An article identifying the winners and losers after April 2011 changes
Duncan Innes

Faisal Islam on Economics - Rate rises and who controls Britain's currency policy? - 1 views

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    Faisal Islam neatly sums up the current situation Feb 2011
Frazer Skinner

The State of Working America - 1 views

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    Info graphic showing a comparison of economic data from throughout the 20th century.
Duncan Innes

Income inequality growing faster in UK than any other rich country, says OECD | Society... - 2 views

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    The UK's becoming more unequal according to the OECD
Duncan Innes

Kraft to shed 200 British jobs but denies breaching no-cuts pledge to MPs | Business | ... - 0 views

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    Hard HR, Strikes, Takeover Trouble at Cadbury Kraft
Duncan Innes

North-south divide widens as public sector cuts hit businesses | Business | The Guardian - 1 views

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    regional map of companies in the UK
Duncan Innes

The era of 'owned by China' | Business | The Guardian - 0 views

  • "The last decade could be characterised by the three words 'made in China'. In this next decade, it will be 'owned by China'."
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    Fascinating dissection of how China is investing its trillions of foreign currency reserves.
Duncan Innes

Cuba cuts 500,000 state workers | World news | Guardian Weekly - 0 views

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    Cuba is creating a private sector and making 500,000 state workers redundant
Duncan Innes

Tax Research UK » Why VAT is regressive - 0 views

  • First, the poor must have savings, and as I show, they don’t. Second, they must have access to borrowing, and as I show, they don’t (except for doorstep lenders). Third, the consumption patterns of the rich must be the same as the poor, and they’re not. In fact, the consumption patterns of the rich (for school frees, private health, leisure travel, second homes and financial services products) are all VAT free, unlike the consumption patterns of the poorest.
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    Interesting article highlighting why VAT is regressive.
Duncan Innes

Economics - Economics Q&A: Will the rise in VAT harm the UK's economic performance? - 0 views

  • Overall the rise in VAT is likely to cause higher inflation, reduced GDP growth and some job losses in 2011 and into 2012 - so some deterioration in three microeconomic indicators at the expense of improved government finances. But in the long term a 20% VAT rate is unlikely to have any noticeable effect on UK competitiveness and growth. The long-term trend GDP is driven by supply side factors such as technological progress, working age population growth, improved work and enterprise incentives and the scale and quality of capital investment spending).
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    A summary of the likely impact of VAT on Economic Growth
Duncan Innes

Growth or cuts? Keynes would not back the coalition - especially over jobs | Business |... - 0 views

  • Conversely, if the jobless total rises by Easter, inflation edges above 4% and consumers save rather than spend, Labour will be able to say that it is the coalition that has messed things up, killing off growth with its ill-timed and harsh austerity programme.
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