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In the News
A Rising Tide: Economics Behind Soaring Water Bills in England and Wales
From next April, households in England and Wales will face a sharp rise in water bills—an average increase of £86 in the first year alone. This is no small splash: it’s part of a planned 36% hike...
Richard Easterlin (1926-2024): A Legacy in Economic Thought
Professor Richard Easterlin (1926–2024) leaves behind a profound and multi-faceted legacy in the field of economics. As a distinguished professor of economics at the University of Southern...
The Gig Economy on High Street: Flexibility for Stores, Risks for Workers?
Bustling high streets signal the busiest time of the year for retailers. But behind the glittering window displays lies a labour revolution that’s raising eyebrows and alarms. Increasingly, major...
In the News Teaching Activity – Christmas does not lift the spirits of businesses (Dec 2024)
As job vacancies drop at the fastest rate since the pandemic, businesses are gloomy as they look ahead to 2025.
Case Study: Foreign Direct Investment (FDI) and the UK Economy
Foreign Direct Investment (FDI) plays a pivotal role in shaping national and global economic landscapes by fostering cross-border capital flows, generating employment, and stimulating innovation....
Cartels in Construction? The Economic Costs of Rigged Contracts for Schools
When it rains in Britain, it pours. And sometimes, the leaks are not just from the roofs but also from the foundations of the economy. The UK Competition and Markets Authority (CMA) recently...
Construction Crunch: Why the UK Can't Meet Its Housing Targets
The UK is facing a housing crisis that reads like a suspense novel. A government promise of 1.5 million new homes by 2029 hangs in the balance as industry experts warn: we don’t have the workers to...
Economics Weekly Quiz | 13 December 2024
Here's our last weekly economics news quiz of 2024! The quiz has 8 multi-choice questions about news events relating to economics from the previous 7 days. Most of the questions relate to the UK...
Rents on the Rise: The Tug of War Between Supply and Demand in the UK Rental Market
It’s a tale as old as economics itself: demand soars, supply stagnates, and prices climb. The UK’s rental market in 2024 encapsulates this drama in vivid detail. With annual rental inflation...
Breaking Barriers: How a UK-EU Trade Reset Could Boost Economic Growth
The United Kingdom’s post-Brexit economic journey is at a crossroads. Enter Rachel Reeves, Chancellor of the Exchequer, addressing the Euro-Group of finance ministers—the first UK chancellor to do...
Guinness, Gen Z, and the Economics of a Foamy Frenzy
Imagine the agony: heading to your local pub (health club) anticipating a perfectly poured pint of Guinness, only to discover your local pub is out of stock. Welcome to the unexpected reality of...
The Great Christmas Veggie Battle: Who Pays the Price for Cheap Carrots?
Every Christmas, a peculiar war rages in Britain’s supermarkets—not over luxury chocolates or fancy wines, but over humble vegetables. Carrots for 15p, potatoes for 19p, parsnips at bargain-bin...
Economics Weekly Quiz | 06 December 2024
Here's this week economics news quiz! The quiz has 8 multi-choice questions about news events relating to economics from the previous 7 days. Most of the questions relate to the UK economy but some...
Can Starbucks save itself?
This Bloomberg video looks at the supposed decline of Starbucks - falling sales and a lack of a coherent strategy - but will the appointment of a new CEO, Brian Niccol, turn the company around?...
The Mobile Network Power Play: Vodafone and Three’s £16.5 billion Mega-Merger Explained
The telecom world just got a seismic shake-up: the Competition and Markets Authority (CMA) has green lit Vodafone’s £16.5bn merger with Three, a move set to create the UK’s largest mobile network...
South Western Railway is Nationalised
The Labour government are taking train operating companies back into public ownership, having announced that South West Trains are going to be the first operator to be renationalised in May 2025....
Water firms push for higher shareholder returns
Is this another failure of privatization? In this case, water companies are hoping that OFWAT will allow them to increase bills such that this allows for higher shareholder returns to fund record...
Typhoo Tea, a cherished 120-year-old brand, recently faced what seemed like an insurmountable economic challenge: slumping sales, ballooning debts, and an unfortunate break-in at its Wirral...
The Real Price of Cheap Tomatoes: Forced Labour and Global Supply Chains
What if that can of "Italian" tomato purée in your cupboard wasn’t so Italian after all? Beneath the reassuring label promising Mediterranean sunshine lies a sobering story of forced labor, global...
The Changing Economics of the Motor Industry
There is heaps happening in the motor industry at present. Here is a selection of news items!
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