Investor compensation: seeing the wood for the trees
What is the purpose of investor compensation schemes? When, to what extent, and to whom should compensation be paid? Peter Andrews, Oxera Partner, and Jonathan Haynes, former Oxera Partner, consider a complex case in the High Court of Ireland following the failure of investment firm Custom House Capital. They look at the policy issues, and ask how economic analysis can help courts to determine which interpretations of statute best reflect the intentions of the legislators. Read More
To tax or not to tax: will an online sales tax rebalance the retail sector?
The growth of online sales has prompted debate around whether an online sales tax (OST) should be introduced to ‘rebalance’ the taxation of the retail sector. Indeed, the evolution of retailing in the UK has implications for several key government policy areas. We revisit the topic, which we explored in a 2020 Agenda article, in light of the recent launch of an HM Treasury consultation on the introduction of an OST. Read More
