Between the first quarters of 1970 and 1980 the average price of new houses in the United Kingdom increased five-fold. Over the same period building societies grew to become major financial institutions, attracting almost 50 per cent of the personal sector's holdings of liquid assets, and...

A congestion charge was introduced in the centre of London in February 2003. At the outset, the charge was justified by local policy makers on the basis of an expected reduction in car journeys which would result in improvements in environmental amenity, relating to increased journey speeds...