Skip to main content

Home/ Economics A Level/ Group items tagged pay

Rss Feed Group items tagged

Filter: All | Bookmarks | Topics Simple Middle
Duncan Innes

Pay gap widening to Victorian levels | Money | The Guardian - 1 views

www.guardian.co.uk/...-pay-commission-wage-disparity

gap pay guardian inequality income inequality economics poverty

shared by Duncan Innes on 16 May 11 - No Cached
  • Duncan Innes on 16 May 11
     
    Analysis of the widening pay gap in the UK
Duncan Innes

BBC News - Your taxes: What you pay and what you get back - 1 views

www.bbc.co.uk/...uk-politics-13633966

economics bbc poverty tax income inequality nick robinson video

shared by Duncan Innes on 23 Nov 11 - No Cached
  • Duncan Innes on 23 Nov 11
     
    Do you pay more tax than you get back?
Duncan Innes

Households Pay a Price for China's Growth - NYTimes.com - 0 views

www.nytimes.com/...a-price-for-chinas-growth.html

pay price china growth nytimes banks trade surplus yuan Currencies

shared by Duncan Innes on 21 Oct 11 - No Cached
  • Duncan Innes on 21 Oct 11
     
    Fascinating article explaining why the Wests hope for a Chinese consumer boom may be a pipe dream
Duncan Innes

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

www.guardian.co.uk/...uk-household-earnings-fall

economics Guardian inequality income inequality gender pay gap part time ons fall money

shared by Duncan Innes on 23 Nov 11 - No Cached
  • 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.
  • Duncan Innes on 23 Nov 11
     
    Real wages are falling by 3.5% a year
Duncan Innes

Public-sector workers: (Government) workers of the world unite! | The Economist - 0 views

www.economist.com/...17849199

public government workers strikes unions economist performance related pay pay benefits deficit

shared by Duncan Innes on 09 Jan 11 - No Cached
  • Unions have suppressed wage differentials in the public sector. They have extracted excellent benefits for their members. And they have protected underperforming workers from being sacked.
  • Duncan Innes on 09 Jan 11
     
    Interesting article proclaiming that the public sector unions have made the state inefficient
Duncan Innes

Firms should get tax breaks to pay living wage, says Ed Miliband | Money | guardian.co.uk - 0 views

www.guardian.co.uk/...breaks-living-wage-ed-miliband

tax inequality salary wages living wage

shared by Duncan Innes on 28 Feb 11 - No Cached
  • Duncan Innes on 28 Feb 11
     
    How labour would like to help the squeezed middle
Duncan Innes

UK National Debt | Economics Blog - 0 views

www.economicshelp.org/...uk-national-debt

UK national debt economics graph economics help PSBR PSNCR

shared by Duncan Innes on 27 Sep 11 - No Cached
  • Interest Payments. The cost of paying interest on the government’s debt is very high. In 2008 Debt interest payments will be £31 billion a year (est 2.5% of GDP). In 2009, they will be £35 billion (similar to defence budget). Public sector debt interest payments could be be the 4th highest department after social security, health and education. Debt interest payments are rising close to £70bn given rise in national debt.
  • Duncan Innes on 27 Sep 11
     
    All you need to know about our national debt - please read problems of national debt bit
josh mower

BBC News - Could Greece be Europe's Lehman Brothers? - 0 views

www.bbc.co.uk/...business-14818439

bbc.co.uk_mews

shared by josh mower on 16 Sep 11 - No Cached
  • Could Greece be Europe's Lehman Brothers?
  • Three years ago today, US Treasury Secretary Hank Paulson made a momentous decision - to let the investment bank Lehman Brothers fail. The US government had helped to rescue a string of financial institutions, but markets kept pushing more to the wall. Mr Paulson was running out of time and options. There was no political support in Washington to keep throwing money at the problem. Wall Street would just have to learn to bear the consequences of its own folly. Today, many say that it was the wrong decision. The resulting financial meltdown (the stock market plummeted 43%) forced the authorities to do exactly what they had been trying to avoid - commit trillions of dollars to rescue the financial system.
  • Now fast-forward to the present. The "troika" of lenders to Greece - the European Union, International Monetary Fund (IMF) and European Central Bank (ECB) - may soon face a similar moment of reckoning.
  • ...5 more annotations...
  • The government in Athens has consistently failed to cut its overspending as much as promised, and keeps coming back for more money. The Greeks complain that spending cuts demanded by the troika are killing their economy, which in turn pushes their tax revenues down, stoking the need to borrow yet more.
  • Would they really pull the plug on Greece to make an example of it? Or, with daily protests on the streets of Athens, could Greece itself walk away from the table? And if so, would it trigger another global meltdown?
  • Certainly it would be irrational for Greece to stop playing ball. Cut off from the troika's bailouts, the country cannot borrow. But even if it stopped paying its debts, Greece would still face enormous pain. Last year the government borrowed the equivalent of 10.5% of annual economic output, just to fund general government spending.
  • That overspend would have to stop immediately - far worse austerity than the troika demands. The Greek banks would also collapse, bereft of outside support. Having crossed the Rubicon of unilateral default, many economists believe the Greeks would leave the euro altogether. One reason is the need to devalue its currency to restore competitiveness. "Greece needs to move its exchange rate by at least 30% to have any chance of getting jobs back," says Mr Booth. Another is that the Greek central bank could then fund the government's continued borrowing with freshly-printed drachmas. But inflation would soar, and imports especially would become very expensive
  • That threatened a chain reaction of bankruptcies, which in turn caused a collapse of confidence throughout the financial system.
  • josh mower on 16 Sep 11
     
    If Greece defaults would it lead to another recession?
1 - 8 of 8
Showing 20▼ items per page