In Focus
Successive MPs for the Isle of Wight have argued that ferry services between the island and the mainland are not competitive enough. A statutory instrument introduced in response to Covid-19 suspended some elements of competition law in relation to ferry services across the Solent. A motion due to be moved in the House of Lords expresses regret that the order revoking this suspension does not address competition issues.
Research Briefing
The House of Lords is due to debate inequalities of region and place on 14 October 2021. This briefing has been prepared ahead of that debate, providing analytical measures of inequality and summarising the Government’s response as part of its ‘levelling up’ agenda.
Research Briefing
The bill would provide for a new tax dedicated to helping fund the Government’s plans for health and social care, with proceeds ringfenced for this purpose. The tax would be collected from April 2022. The House of Commons has passed the bill and there are limitations on the powers of the House of Lords to amend or reject the measure. The House of Lords is scheduled to debate the bill at second reading and remaining stages on 11 October 2021.
Research Briefing
This proposed law seeks to reduce the scope for uncertainty and litigation arising from the withdrawal of a key interest rate from the UK financial system.
Research Briefing
The bill aims to: clarify circumstances in which the impacts of the Covid-19 pandemic can and cannot be considered when deciding on the rateable value of a property on the 2017 rating list; and make it easier to investigate the conduct of directors of companies that have been dissolved. The Government states that the bill will allow it to “plug the legal loophole that exists in the insolvency enforcement landscape”.
Research Briefing
The bill would introduce national insurance relief schemes for employers based in freeport tax sites, as well as for employers of ex-service personnel. The bill also makes other provisions around national insurance. This briefing considers: the background to the bill; what it would do and what happened during its passage through the House of Commons.
In Focus
On 7 September 2021, the Government announced plans to increase the funding of health and social care through a new tax: the health and social care levy. The levy will be based on a rise in national insurance and will raise £12 billion a year on average over the next three years. Many commentators have raised concerns that this approach is unfair on younger people and low earners.
Research Briefing
This proposed law seeks to reform pensions across the public sector. It would also make other changes to the rules related to judicial offices. The pension reforms partly respond to a finding of unlawful discrimination in existing schemes and are partly aimed at improving the operation of public sector pensions. The changes relating to judicial offices are intended to improve recruitment and retention in the judiciary.
Research Briefing
The House of Lords is due to debate two committee reports on the Northern Ireland Protocol on 13 September 2021. This briefing summarises the reports and recent developments relating to the protocol, including the Government’s July 2021 command paper that argued for discussions with the EU to find a “new balance” in the protocol.
In Focus
Between 2013 and 2020, the UK met an international target to spend 0.7% of gross national income (GNI) on overseas aid. A 2015 act enshrined this in legislation. In response to the economic impact of coronavirus, the Government has said that aid spending will temporarily reduce to 0.5% of GNI from 2021. Some commentators have argued this requires further primary legislation. The Government has announced the tests that must be met to restore spending to 0.7%.
In Focus
In October 2020, the House of Lords European Union Committee published a report into the future of the UK-EU relationship on professional and business services. It argued the UK’s professional and business services sector potentially could be damaged by the establishment of new barriers to trade at the end of the transition period on 1 January 2021. The report recommended the Government needed to do more to support the sector.
In Focus
Surveys consistently indicate just under two in three Britons are unable to hold a conversation in a language other than their mother tongue. A number of organisations have drawn attention to this so-called ‘language deficit’ and its impact on trade and employment. This article looks at calls to improve language skills in England in the context of the Government’s ambition for a ‘Global Britain’.
In Focus
The Government has introduced draft regulations intended to require that large businesses such as restaurant chains display the calorie information of non-prepacked food and drink items prepared for immediate consumption. Ministers suggest the policy will deliver considerable benefits over the long term by reducing obesity and related demand on health services. However, the policy has been criticised by some in the hospitality industry and charities campaigning on behalf of those with eating disorders.
Current Affairs Digest
Catch up on developments in economics with a selection of articles you may have missed. This month we take a look at the issue of in-work poverty.
In Focus
In the 2020 spending review, the Government cut aid spending from a target of 0.7% of gross national income (GNI) to 0.5%. Ministers said the UK would spend £10 billion on overseas development assistance (ODA) in 2021–22, this compares with £14.5 billion in 2020. The decision has been controversial, with several politicians and aid organisations expressing concerns about the impact of the reduction.
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