work better and contribute towards improved efficiency in individual markets and enhanced competitiveness of UK businesses within the European Union single market. Competition policy aims to ensure Wider consumer choice Technological innovation which promotes dynamic efficiency Effective price competition between suppliers There are four key pillars of competition policy in the UK and in the European Union Antitrust & cartels: This involves the elimination of agreements that seek to restrict
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How Democratic is the UK? (25) Democracy can be understood as a process of people governing their state and managing community affairs all together‚ based on consensus. The origins of democracy lie in Ancient Greece. The very term was constructed from two Greek words ‘demos’‚ which means ‘people’‚ and ‘cratos’‚ which means ‘power’. The UK is in many ways not democratic. Firstly‚ Britain‚ amongst many other countries‚ claims to be a democracy. This would suggest that UK citizens‚ have effective
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4 The 51st US state? Labour relations in the UK fast-food industry Tony Royle Politicians of most political persuasions have at different times emphasized the importance of the UK’s ‘special relationship’ with the US‚ something that was arguably at its peak during World War II and under the Conservative Thatcher governments of the 1980s and early 1990s. Under the Thatcher administrations‚ government policy appeared to be drawing strongly on the US economic model and trying to move away
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MPC notes Monetary policy in the UK is controlled by the bank of England. In 1997 the Monetary Policy Committee was set up‚ with the sole task of setting interest rates in order to meet the government’s target rate of CPI inflation of 2% +/- 1%. The MPC is made up of 9 members‚ including the governor of the Bank of England‚ two deputy governors and a number of expert economists who bring knowledge and information from different areas and markets in the UK. The MPC meet monthly to set the base interest
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of the separation of powers and the importance of its presence within a constitution. Particular emphasis will be placed on identifying how this idea is incorporated into the United Kingdom’s (UK) constitution and the effect that recent developments of constitutional reform such as the introduction of the UK Supreme Court in place of the House of Lords has had. The doctrine of the separation of powers is an idea that can be seen in writings as far back as the time of Aristotle. This concept states
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Makhirev Artem 111 Education in the UK and in Russia. Education in the United Kingdom is different between countries. Countries of the United Kingdom have separate education systems under separate governments: the UK Government is responsible for England; the Scottish Government‚ the Welsh Government and the Northern Ireland Executive are responsible for Scotland‚ Wales and Northern Ireland‚ respectively. In Russia education is the same in every region of the country. However‚ there may be a few minor
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Corporate Governance in UK Table of Contents 1. history 3 1.1 Developments since 1979 6 2. evolution of corporate governance 8 2.1 Cadbury Report (1992) 8 2.2 Greenbury Report (1995) 9 2.3 Hampel Report (1998) 9 2.4 Combined Code (1998) 10 2.5 Turnbull Report (1999) 11 2.6 Myners: Review of Institutional Investment (2001) 11 2.7 Higgs Report (2003) 12 2.8 Smith Report (2003) 12 2.9 Revised Combined Code (2003) 13 2.10 Myners Report (2004) 14 2.11 Financial
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Exchange rate Housing issues Private and public consumption Investments opportunities: pros and cons EXCHANGE RATE Sterling has been floating since the UK withdraw from membership of the ERM in September 1992. Since that moment‚ the Bank of England has not intervened to influence the pound’s value‚ as it became independent from the UK government. With a free floating exchange rate‚ the value of the currency is simply determined by supply and demand of the market. The Central Bank cannot set
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UK Hotel Sector 2014: A focus on new markets and trends Read the Report rbs.co.uk/corporate Following years of slow recovery the hospitality sector witnessed a strong appetite for growth in 2013‚ a trend that is set to pick up pace in 2014. Thanks to the improving economic backdrop‚ this year we anticipate seeing the highest levels of average daily rates (ADR)‚ occupancy and revenues per available room (RevPAR) since 20081. However‚ despite improvements‚ the challenges of an increasingly competitive
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In the UK legal system their are two types of lawyers; solicitor and barrister‚after a certain amount of years of experience if you want to you can apply to become a judge‚ if accepted you start from the bottom of the heirachy system and eventually as you gain more years of experience you get higher in the ranking. Keywords: UK‚ solicitors‚ barristers‚ judiciary‚ prosecutors‚ high court‚ superior and inferior judges‚ bar examinations. In this project we will look at how the two types of lawyers
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