" A single auditor working on self-assessment returns can bring in enough revenue to pay for their own salary, and that of four nurses too." The Chancellor has announced plans to employ 1300 additional auditors, expected to bring in an average of £770m a year over the next five years by improving compliance with the tax rules. Dr Arun Advani of Warwick Economics and CAGE explains the "tax gap" and why closing it is important.
"Market penalty depends a great deal on the type of breach, the sensitivity of the information, the number of records lost, the extent to which the firm ‘holds itself out’ as a safe guardian of data and the delay between breach and disclosure." Dr Jonathan Cave comments on the consequences that can flow from large data breaches such as the recent Virgin Media incident.
"To the extent that the market reflects fundamentals, a fall in values caused by expected future supply disruptions is to be expected and is not necessarily a bad thing. But there is a real danger that Coronavirus will spread not only though biological contagion, but through financial contagion." Professor Roger Farmer explores the potential economic impact of COVID-19.
"Restrictive practices are clearly not being used in 'last resort' circumstances, and are being used with very young children." A new report launched today in the House of Lords presents data on the inappropriate use of restrictive interventions on children and young people with disabilities. Professor Richard Hastings from CEDAR comments.
Professor Azrini Wahidin comments on today's National Audit Office (NAO) report, Improving the prison estate, which finds that although Her Majesty’s Prison and Probation Service is committed to providing a safe, secure and decent prison estate, its plans to achieve this are failing.