Road transport – what’s gone wrong?

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Almost all goods are transported by road. Food, clothes, cars, electronics whether imported via ship/air or home produced, they must eventually hit the road before their final destination – your home. Our road network and transport hubs can be thought of as a vast machine of critical importance to trade and growth in the UK.Read more

Will Brexit Lead to Carmageddon?

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Where did this start? In 1971 Prime Minister Edward Heath took Britain into the Common Market on the back of a demand led reflation. Up until that time the UK had a policy called Competition and Credit Control which restricted the use of hire purchase. To boost the economy, Heath withdrew the policy and unleashedRead more

Why is Tesla selling insurance and what does it mean for drivers?

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In his new blog post for The Conversation, Dr Alex Zarifis considers Tesla selling car insurance and how it is going to have a major impact on most of our lives. “At the same time, insurance is a barrier to many innovations that Tesla is targeting for the future. With the insurance taken care of,Read more

Five things the UK General Election can teach us about Black Friday deals

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Politics and economics have much in common. For a couple of centuries these weighty subjects taught in many a fine University were and, in recent decades, are recognised as a single taught subject – Political Economy – but also share similarities in modelling human interaction and achievements. This a perfect time to highlight the similaritiesRead more

A tale of two tails: Cross credit ratings and cash holdings

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Market participants in the money markets are aware that credit rating agencies (CRAs) provide frequently independent credit rating evaluations, i.e., a measure of long-term fundamental credit strength of issuers based on both public and private information, which issuers agree to share with CRAs. For many years, the information content of CRAs has drawn a lotRead more

Building engaging online communities

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Dr Sahar Mousavi’s academic research on online communities has recently been the focus of a blog post she co-authored for HSO.com about the importance of considering both active and non-interactive members in managing successful engagement communities. “Online communities are becoming more commonplace,” Dr Mousavi explains, “and understanding how different members behave and prefer to interactRead more

I have a trade deal in my pocket, and I’m prepared to use it!

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An opinion piece by Dr T. Huw Edwards Mike Pompeo, US Secretary of State, has just waded into the Brexit debate, promising a trade deal with the UK is very close. This move is clearly intended to influence the debate in the UK against a close relationship with Brussels. But, if we were indeed toRead more

Partner industry specialisation and audit pricing in the UK

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Accounting firms are generally organised as partnerships, and this provides them with a structure that allows optimal delegation of the decision rights to the partner level where relevant specific knowledge is located. Partners play the central role in planning and administering the external audit service provided to the client and are accountable for the finalRead more

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