The COVID-19 pandemic highlighted the interconnected nature of global supply chains, and showed how a disruption in one part of the world can have global effects. In 2021, supply disruptions were cost the global economy an estimated $1.9 trillion.
Theresa Marteau (Behaviour and Health Research Unit) discusses how to get people to consume less sugar.
Western governments have finally begun to pay close attention to tax avoidance by multinational corporations in rich countries. But where, Cambridge Judge Business School’s Professor Paul Tracey asks, does that leave poor countries, where the effect is arguably much more devastating?
Five works by Stanley Spencer (1891-1959) have been accepted in lieu of inheritance tax and allocated to the Fitzwilliam Museum, Cambridge. They include one of his most significant early paintings and two preliminary sketches documenting his experiences of World War I. The works were acquired through HM Government’s acceptance in lieu scheme with additional support from the Art Fund, The V&A Purchase Grant Fund and the Friends of the Fitzwilliam.
The last 100 years have seen several governments introduce austerity measures to try to balance the books. Duncan Needham, a Phd candidate in the Centre for Financial History, compares past and present, concluding that current public spending cuts are inhibiting the growth we need.
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