This weekend's G20 Riyadh summit has been criticised for its lack of progress on debt relief for low and middle-income countries facing the worse economic recession in the post-war period. Dr Stephen Connelly, Associate Professor of Law and Dr Celine Tan, Reader in Law, Co-Directors, Centre for the Law, Regulation and Governance of the Global Economy (GLOBE), comment.
"Alignment of trading and security interests, as articulated by the FCO seem to be taking centre stage, as DfID gets side-lined." Professor Shirin Rai, Director, Warwick Interdisciplinary Research Centre for International Development, comments on the Prime Minister's Global Britain announcement.
"Unprecedented times call for unprecedented policy responses" - Professor Abhinay Muthoo comments on the GDP drop
"This is unprecedented in living memory. It is hugely tragic in so many ways but especially in terms of what it has meant and means for many people’s livelihoods and for many businesses." Professor Abhinay Muthoo, Dean of Warwick in London, comments on the news that output in the UK fell by 20.4 per cent in April compared with the previous month.
" 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.
"the UK now needs to focus sharply on its future, and to work out how, in this new world, it can secure prosperity for all its citizens. That is of first-order importance." Professor Abhinay Muthoo, Dean of Warwick in London, comments on the forthcoming negotiations.