In 1698, Russia implemented a tax on beards. 100 years later UK homeowners decided to brick up their windows rather than paying tax on houses with more than 6 windows.
A video presented by Rachel Riley and produced by the Institute of Mathematics & its Applications.
It’s the aim of every business to maximise profit, but figuring out how to do so can be difficult.
Financial fraudsters are guilty of breaking more than one type of law, but forensic accountants can bring them to justice.
Going out for a meal’s a treat. You’ve enjoyed some good food and someone else is going to wash up – but then comes the bill and the embarrassment of figuring out how much to tip.
Risk management How can businesses and individuals plan for the future without knowing what’s round the corner? Organisations need to be prepared for such diverse disasters as hurricanes, disease, adverse changes in exchange rates and terrorist attacks – a taxing task for the most dedicated of boyscouts. To recover from, and perhaps even thrive in, […]
Loan ads are everywhere – find out how debt really does mount up.
What are the rules, and what’s the best strategy to win? Game theory has proved useful in many different fields today.
Operational research uses mathematical methods to help come up with predictions and make better decisions. Problems such as how many buses to run or how much milk to buy can’t be solved with one simple equation, and finding the answer often involves creativity as well as calculations.
Ever dreamed of making it big as a singer, or going on a worldwide tour with your band? Seeking fame and fortune as a professional musician isn’t easy, but it can be incredibly rewarding. You’ve got to have talent, dedication, and a little bit of luck to help storm your way up the charts, and […]
Financial derivatives could make calculus the most valuable thing you ever learn.
Karl Marx was a historian, economist and philosopher whose theories were the foundation of the Communist revolutions that erupted all over the world in the 20th century. It’s particularly ironic that the Russian censors only allowed his work to be published because they thought it was a dull scientific work, heavy on the maths and […]
EDF Energy is one of the UK’s largest energy companies and largest producer of low-carbon electricity. They generate around one fifth of the UK’s electricity and employ around 15,000 people in the UK.
As the country’s central bank, the Bank of England plays a fundamental role in the UK economy – ensuring monetary stability and contributing to financial stability. Their work has an impact on the entire nation.
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