Is there such a thing as a ‘fair’ price? Definitely, maybe…
The pricing of tickets for the forthcoming Oasis tour has stirred up a major controversy. This is not just on social media. Lisa Nandy, the culture secretary, has promised it will be included in a government review of pricing at gig events. One of her cabinet colleagues, Lucy Powell, has expressed personal outrage at the amount she […]
We’re fighting over-regulation with yet more regulations in an insane spiral
The policy of the Welsh government to impose a 20mph speed limit in towns and villages across the country has been controversial, to say the least. One of its impacts has been completely contrary to the aims of Mark Drakeford’s government, which is very keen to promote public transport. The new speed limit has led […]
Forget exploitation, motorists choose to pay sky high fuel prices
Politicians have an irresistible urge to meddle. The latest example is the fanfare orchestrated just before Easter by Chris Grayling, the transport secretary. He wrote to the Competition and Markets Authority (CMA) to criticise the price of fuel at motorway service stations. Grayling called for the UK’s three biggest operators – Moto, Welcome Break, and […]
If it costs nothing, is it worth anything?
Most of us don’t love our banks. We have all experienced the unanswered letter, the seemingly interminable waits on hold before being put through to someone who gives the impression of auditioning for the infamous “computer says no” television sketch. Yet we are surprisingly loyal to our current accounts. Figures from Bacs suggest that around […]
