The Great Debate UK

Breaking up banks is not so hard to do


-Laurence Copeland is a professor of finance at Cardiff University Business School and a co-author of “Verdict on the Crash” published by the Institute of Economic Affairs. The opinions expressed are his own. -

As far as I am aware, you cannot buy insurance against speeding tickets (please, someone let me know if I am wrong!).

This is so because motorists who were insured would be more likely to ignore the speed limit and hence cause more accidents, which is bad for society and bad for insurers.

It would also have the drawback that, however finely the insurers calibrated their quotations, the more patient driver would end up having to pay a higher premium so as to subsidise the less patient.

from Global News Journal:

EU to tackle gender pay inequality

By Sangeeta Shastry

EU Justice Commissioner Viviane Reding

EU Justice Commissioner Viviane Reding

Men are still paid more than women in Europe but the European Union is promising to narrow the gap.

The executive European Commission set out its plans to address the pay gap between men and women at a news conference to coincide with International Women's Day, saying women were on average earning only 82 percent of male rates in the EU.