Join the new world

The Books
Treasury: £1,057,654.24 --->1,159,411 .29 £ (as of 22:00 Day 3,142)
Long-Term Deposits (Woldy's Angels Act): £400,000.00
Government Organisations: £553,296.84* (303.84 Gold) (*£135,000.00 on MM)
Tax Income: £109,689.44
Loaned Organisations Income: £0.00
Government Article Advertisement Income: 5.00 Gold
Bank of England Trust MM Scheme Income: £133,230.08 ---> £134,359.93
MPP Fees: £10,000.00 (Chile)
Total Allocation for National Military Unit £250,000.00 / Spend £0.00



Introduction

Your fourth report of the term from the Ministry of Finance.

Upcoming Economy Changes
Ministry of Finance advice is to read widely, don't rush into purchasing holding companies and assigning factories / companies, try and do the calculations yourself post implementation to figure out your Companies' productivity, taxation expense, travel costs to WAM etc. Do this even if it results in a temporary halt in your production for a day or so as the longer term ramifications of an error in the placement of a holding company / assigning your factories could lead to regrets.

Here are some links from citizens and Departments around the world about the change that may help inform your choices (if you know of any that help UK citizens please send them to me to add; I'll also keep an eye out for anything useful to share)

Forum - Economy Changes
eUK and the Holding Companies - or, Another Piece of My Heart.... - Department for Education
[MoHA] FAQ On The New Update - Ministry of Home Affairs
Upcoming Economy Changes - An initial UK perspective - Huey George
Where to place and what to place where - Releasethe Krakken
Resource Wars II - The pointy end - Ilene Dover
Options - Releasethe Krakken
It's like... - Oliver Q
[DoF] The New Economy - Reserve Bank of Australia


Market Log

A look at recent market trends. . .





Revenue
A track on what is recorded on our Country > Economy Page




Bank of England Monetary Market Trust

As a reminder the Ministry of Finance is taking advantage of the increased demand on gold price on the monetary market by opening a Bank of England Trust for citizens and allies to invest in. The Ministry of Finance is currently posting offers although is exercising extreme caution and implementing increasing monitoring of market conditions for reasons explained in the market trends section.

Ten citizens have invested into the Trust and monetary market offers placed from a number of eUK Government Organisation reserved for use by the Bank of England. The monetary market profits have been agreed to be split 60% to the citizen and the remaining 40% for the Treasury to reinvest/store in reserves. Any monetary market profits made will be reported in future MoF Reports.

Since Day 2,908, the Bank of England Monetary Market Trust has made profits of;

£134,359.93 for the UK
£201,539.90 for private citizens

Please get in touch to discuss this further or declare your interested in investing into a Bank of England Trust.



Ministry of Defence Affiliated Units

Any eUK MU except for the NMU will be able to apply for MoD affiliate status

Affiliate MUs will be required to:
Set their Daily Orders in accordance with MoD Orders, and ensure that their fighters follow those orders.
In Return Affiliate MUs will get:
The ability to claim a 50% Work Tax rebate for their Suppliers, when the tax rate is higher than 3%
Entitlement to receive prizes in National Strikes

Details of rebates issued to Affiliate MUs will be reported via these MoF weekly reports.

Please get in touch with the MoD if you would like discuss your MU becoming a Ministry of Defence Affiliated Unit



Player Support Programme and Training Ground Loans

Upgrading your strength buildings is the best way to earn income as it allows you to receive Super Solider medals much quicker. A Q4 Weights Room & Q4 Climbing Center (without any contract training) earns the most money of any training/contract combination. Together they will earn you 13.38g/month (0.446g/day) after you pay the daily training.

During promotional periods training ground upgrades are reduced;
To upgrade your Weights Room, Climbing Centre, Shooting Range or Special Forces Centre it costs 45% less for each incremental rise is quality.





Historic Trends
A look at some longer term economy figures




Close

For any further information don't hesitate to contact the Ministry.

Huey George - Minister of Finance and Governor of the Bank of England
Killermarine - Deputy Minister of Finance