All Questions
Tagged with economy united-kingdom
31
questions
3
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3
answers
2k
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A comparison on UK and Japan cost of living
Both are Island countries, the UK's cost of living is 63.6, and Japan cost of living is 54.3 (reference).
Yet Japan has a higher quality of life index.
Why UK have that additional 10~ cost of living ...
- 382
8
votes
2
answers
3k
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To what extent is the UK's cost-of-living crisis Russia's fault?
I know that the UK's cost-of-living crisis is partly due to the war in Ukraine. Russia, of course, has sharply limited the amount of energy it exports to Europe; this substantially raises winter ...
- 511
4
votes
1
answer
1k
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How did the UK race ahead of France in GDP
Source of data
In 2019,
GDP of the UK was 2,743.586 Billion USD, while that of France was 2,707.074 B.
That is just a difference of 1.33 percent. Some might even dismiss it as noise.
In 2022 however,...
- 6,128
5
votes
2
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3k
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Do Ireland and the United Kingdom have a trade alliance similar to NAFTA?
Do Ireland and the United Kingdom have a trade alliance similar to NAFTA or USMCA?
- 53
2
votes
1
answer
127
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Is it possible to simulate a small tax change using the UK budget office business model?
Where can I use the OBR economic model for the UK Budget?
I want to see the impact on public revenue by increasing the upper rate of income tax by 1%.
- 129
17
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5
answers
8k
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Why did Truss's planned removal of a tax increase cause the market/pound to tank?
I'm having a bit of trouble wrapping my head around this one. Why was it that when a tax break (or, removal of a tax increase) was announced, the market and pound reacted negatively? Wouldn't the ...
6
votes
3
answers
770
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Are there critics against supporting Ukraine based on an economical viewpoint?
I understand that there are several reasons politicians consider when they decide about sending military or financial aid to Ukraine. But in the end, these aids are financed by US/UK tax payers. The ...
- 1,982
0
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2
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270
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What are the societal and economic benefits of Britain's military spending?
The United Kingdom spends considerably more on defense as a percentage of Gross Domestic Product (GDP) among countries with a similar need. According to Wikipedia, the United Kingdom spends 2.2% of ...
- 1,060
7
votes
1
answer
608
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Is the UK taking any steps towards better regulation of foreign investments after Russia started the invasion of Ukraine?
The Guardian suggests that Russian oligarchs used some legal loopholes to invest in UK, thus managing to secure some of their assets. The same article cites possible solutions for happening this in ...
- 53.4k
4
votes
1
answer
219
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Can BP still sell its share in Rosneft?
Yesterday, BP announced they would be selling their $14 billion share in Rosnef.
The London-headquartered oil firm announced on Sunday that it was offloading its 19.75% voting stake in Rosneft, ...
1
vote
1
answer
275
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How do UK leaders explain that their country suffered a contraction similar to that of Italy and France rather than that of US or Canada, last year?
CNN recently mentioned that:
the UK economy suffered a bigger contraction than any other G7 country last year at 9.8%
Wondering how the rest of G7 fared in more concrete terms, I found an older ...
0
votes
1
answer
150
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Trading on WTO Rules
Many Countries are a member of some Regional Trading Organization, which facilitates trade within a particular continent, or have bilateral trade deals with other Countries. Are there any examples of ...
- 583
2
votes
0
answers
74
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What are the implications of the Bank of England directly financing government spending?
HM Treasury has announced this morning (April 9th) that the UK has temporarily extended the Ways and Means facility (the government's overdraft with the BoE) in order to fund the fight against the ...
CDJB♦
- 108k
3
votes
1
answer
275
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How does the Barnett Formula work?
I've often heard the Barnett Formula come up in debates regarding the topic of Scottish independence, and I know it relates in some way to the mechanism used to determine the amount of money allocated ...
CDJB♦
- 108k
11
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4
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Why would low-skilled British workers go to Sydney and Melbourne (in large numbers)?
News from earlier this month
The Australian government has turned down the UK’s offer of a post-Brexit trade agreement that included visa-free work and travel between the two countries.
Trade ...