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It is universally agreed that the UK needs to reduce its budget deficit and lower government debt to GDP ratio. Both are unsustainable and, unless corrected, will damage the economy [...]

A study was conducted on alternative pricing strategies for bank payment services. Three alternatives are analyzed, namely, Disneyworld pricing, single transactions charges and two-part tariffs. They all support explicit pricing and have distributional implications. The UK in particular is not explicitly charging for payments services due to the lack of incentive for customers to economize current accounts use, the lack of incentive boosts bank costs and no particular incentive exists for consumers to use economical forms of payments medium.

A study extends J. Thornton's analysis of financial services regulation in line with imperfections in the market. Thornton believes that regulatory measures can distort a financial institution's behavior while neglecting the regulatory functions. Regulation differs widely between banking services and non-bank financial services due to the differences in the nature of market imperfections. In addition, the ideal financial regulation structure of other non-bank financial services depend on how the targets-instruments approach is applied.