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In the News
Is ill-health holding back the UK economy?
The 5th of February is apparently the day that's become known as "national sickie day" but the Guardia have used it to flag up the increased rate of long-term sickness that appears to be holding...
Scotland to raise the minimum alcohol price by 30%
Has Scotland's minimum alcohol pricing policy worked? The minimum price of alcohol in Scotland is set to rise by 30% to 65p per unit, making a bottle of whisky at least £18.20 in an attempt to...
Paris Votes to Triple Car Parking Charges for SUVs
An extra intervention to address the externalties from traffic congestion. Citizens in Paris have voted to triple car parking charges for SUVs and it will be interesting to see the impact on demand.
Economics News Shorts (28 January -2 February 2024)
Here are the links to our Economics in the News shorts for this week.
Economics Weekly Quiz | 02 February 2024
Here's our weekly economics news quiz covering stories from the UK and global economic events of the passed 7 days.
Disposable vapes to be banned for children's health
The government are going to legislate to ban disposable vapes, seemingly on the grounds that they are largely responsible for a rise in children vaping. However, is this good economics? Do bans...
Post-Brexit Trade Deals - State of Play for the UK
The Guardian summarises the state of play regarding the UK's trading relationships, and those trade deals that have been agreed and those that remain to be agreed.
Economics News Shorts (20-27 January 2024)
Each day, we are adding short videos on economics and business in the news. Here are the links for this week:
Business News: Microsoft to cut 10% of jobs in their gaming division
Microsoft is said to be laying off 1,900 workers, or nearly 9% of its gaming division after closing its $69 billion acquisition of "Call of Duty" maker Activision Blizzard. Job losses following...
Why is car insurance becoming so expensive?
The cost of car insurance in the UK is soaring. Average comprehensive cover is now over £560– a third more than the same time in 2022, according to the Association of British Insurers. This short...
Economics Weekly Quiz | 26 January 2024
Here's our weekly economics news quiz covering stories from the UK and global economic events of the passed 7 days.
New Brexit Rules Set to Increase UK Food Prices
One of the costs of the UK leaving the EU single market will become glaringly apparent in the weeks and months ahead. New post-Brexit border rules are predicted to push up the cost of importing...
tutor2u launch The Outlet
tutor2u has been around for a while now. And some of our resources have reached that point where, having done their duty in the classroom, they've been replaced by newer versions! Not to worry...
Are tax cuts the best way of stimulating economic growth?
With the news that the Chancellor is contemplating pre-election tax cuts, Will Hutton's Observer piece here looks at whether this is the best way of boosting economic growth.
Price Capping - London’s single tube and bus fares to be frozen
The announcement of a price freeze for single fares strikes me as another example of a price cap; if it weren't for the intervention single fares would be higher. But what will its effects be? Yes,...
Economics Weekly Quiz | 19 January 2024
Here's our weekly economics news quiz covering stories from the UK and global economic events of the passed 7 days.
Octopus Boss predicts fall in energy prices this spring
Good news for households, in that the CEO of Octopus Energy, Greg Jackson, has forecast that energy prices will tumble in April, because of nature of the market. Gas for April delivery will have...
Commodity Prices - Cocoa Prices Surge to 40 Year High
World prices for cocoa beans have surged to a forty-year high. Supply-side factors are largely to blame but so too is an increase in speculative demand in the future market as buyers scramble to...
UK Economy - Inflation Rises to 4%
The annual rate of inflation in the UK has edged higher to 4% in the year to December 2023 and there are worries that the widening conflict in the Middle East will bring about another external...
Economics Weekly Quiz | 12 January 2024
Here's our weekly economics news quiz covering stories from the UK and global economic events of the passed 7 days.
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