Our research on economy and business

The campaign organisation Church Action for Tax Justice published two reports entitled Tax for the Common Good and Fair Tax Now, containing proposals on creating a fairer tax system. The House of Lords will debate these reports on 21 January 2021. This article summarises the reports' recommendations, the Government’s current tax policies and the impact of Covid-19 on fiscal policy.

These coronavirus regulations reduced the length of the self-isolation period from 14 days down to 10 and added new areas, including London, to the list of places in tier 3. They are part of the Government’s ongoing strategy to control the spread of coronavirus. The regulations need to be approved by both Houses of Parliament or they will cease to be law.

The Government has implemented new regulations to suspend wrongful trading liability rules for a time-limited period to assist businesses during the coronavirus pandemic. They must be approved by both Houses of Parliament to remain in force.

The campaign organisation Church Action for Tax Justice published two reports entitled Tax for the Common Good and Fair Tax Now, containing proposals on creating a fairer tax system. The House of Lords will debate these reports on 21 January 2021. This article summarises the reports' recommendations, the Government’s current tax policies and the impact of Covid-19 on fiscal policy.

These coronavirus regulations reduced the length of the self-isolation period from 14 days down to 10 and added new areas, including London, to the list of places in tier 3. They are part of the Government’s ongoing strategy to control the spread of coronavirus. The regulations need to be approved by both Houses of Parliament or they will cease to be law.

The Government has implemented new regulations to suspend wrongful trading liability rules for a time-limited period to assist businesses during the coronavirus pandemic. They must be approved by both Houses of Parliament to remain in force.

Since 1 January 2021, the UK has been operating a new points-based immigration system. Critics suggest that human trafficking and human smuggling could increase under this system. This article explores two of these concerns.

Catch up on economics articles you may have missed from September and October 2020. This month we look at household savings during the Covid-19 pandemic, and whether the furlough scheme is discriminatory. 

The marketing of construction products in the UK is regulated by EU law. The European Union (Withdrawal) Act 2018 ensures that EU-derived domestic legislation and directly applicable EU law will continue to have effect after the end of the transition period. In 2019, regulations were introduced to ensure that UK legislation in this area could function effectively after the transition period. However, Northern Ireland will now remain subject to relevant EU laws as a result of the Ireland/Northern Ireland Protocol. This article looks at the draft statutory instrument that would amend the 2019 regulations and enable Northern Ireland to continue to meet EU law.

On 24 December 2020, the UK and the EU reached agreement on a Trade and Cooperation Agreement (the TCA) setting out their future relationship. The UK Parliament passed the European Union (Future Relationship) Act 2020 in one day on 30 December 2020. The TCA has been provisionally applied by both parties from 1 January 2021. The House of Lords is due to debate the TCA on 8 January 2021.

At the time of publication, the UK and the EU are continuing to negotiate their future relationship. Should a deal be reached, the Government has indicated Parliament would have to pass legislation to implement it. The requirements of the Constitutional Reform and Governance Act 2010 would also need to be met before the UK Government could ratify a treaty. This article looks at the role of the House of Lords in this process.

The Trade (Disclosure of Information) Bill would allow Her Majesty’s Revenue and Customs and other public authorities to share data relating to the flow of traffic, goods and services into and out of the UK. The House of Lords is due to consider all stages of this bill on 17 December 2020. The bill essentially replicates some data-sharing provisions from the Trade Bill, currently at report stage in the Lords.

Catch up on articles from the world of science you may have missed from October and November 2020. This month we take a look at the new Hyperloop transport system, and the recent discovery of water on the moon.

One hundred years after the Roads Act 1920 was passed, this article looks at its link to vehicle excise duty and funding for road building and maintenance today.

The House of Lords is due to consider two related statutory instruments on 26 November 2020. Along with a third order, the instruments amend orders from 2019 which made provision for ‘Operation Brock’. This is a planned system to manage heavy commercial vehicle (HCV) traffic in Kent when there are delays in exporting goods from Great Britain (GB) to the EU after the transition period. This article examines what the 2020 orders do and why they are being made.