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...Open University Law School. STEPHANIE PYWELL: In this audio we’re talking about what the law is … So, Caroline, could you start by giving me a simple definition of law? CAROLINE DERRY: Well, a useful way of looking at law is as a system of rules that regulate the conduct of people in society. Compliance with the law is enforced by the state via the courts. Law exerts...

...open to trade, which helps it become more competitive and innovative. But it also points out that greater openness means more exposure to financial market contagion, especially from the Eurozone, and that the task of maintaining a dynamic, well-regulated UK financial sector may “become more challenging as the euro area integrates further.” So while its report...

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