Category
In the News
Economics Weekly Quiz | 09 June 2023
Here's our weekly economics news quiz.
Monopsony Power - Fast Fashion Brands Squeeze Supplier
Are fashion brands exploiting monopsony power in relation to their supplier by forcing them to cut prices for brands such as Boohoo, Missguided and the Frasers Group, the owners of Sports Direct?
UBI Trial to start in England
A think-tank, Autonomy, is trialling a Universal Basic Income, with 30 people getting £1,600 a month for two years, and being followed by researchers. The scheme is going to cost £1.15 million with...
This is a fascinating, and potentially complex chance for students to look at costs and revenues in the craft brewing sector, with an increased supply of beer, and increasingly cost-sensitive...
A-Level Economics Exam Entries Surge 7% in 2023
The rapid growth in A-Level Economics continues! Once again Economics is one of the fastest growing subjects at A-level.
Economics Weekly Quiz | 02 June 2023
Here's our weekly economics news quiz.
I love this sort of article - it can be sliced and diced in a number of ways, not least in looking at costs, revenues and profits. In this case, you might think about the profit margin on a sharing...
Business Growth - Asda buys EG Group
Asda has taken over the UK and Ireland part of EG Group, the petrol retailer, and in doing so has acquired 350 petrol stations and around 1,000 convenience stores.
Economics Weekly Quiz | 25 May 2023
Here's our weekly economics news quiz.
Here is a wide-ranging selection of topical news items on the UK economy from recent days. So much happening that is of direct relevance to students of this great subject!
UK Economy Update: Inflation Rate Drops to 8.7%
New data released by the ONS finds that the annual rate of inflation in the UK economy has fallen from 10.1% in March 2023 to
How inflation has hit your cheese sandwich options!
The Guardian focuses on the cost of living crisis via the medium of the cheese sandwich - comparing the rate of increase of various types of sandwich - from the bog standard, white bread and...
Argentina unveils 2,000 peso note - worth $4
The impact of inflation on the value of the Argentinian peso has been made clear as the country has unveiled a 2,000 peso note worth $8.50 at official exchange rates and $4 in the most commonly...
Economics Weekly Quiz | 19 May 2023
Here's our weekly economics news quiz.
Some of the latest data regarding the intersect between the labour market and health make for grim reading. Whilst the employment rate has risen to nearly 76%, there are still two and half million...
It looks like the Competition and Markets Authority (CMA) is interested in the pricing strategies of supermarkets as regards fuel and food. The term 'rocket and feather' pricing has been used to...
The latest IFS peek under the bonnet of the tax system has revealed the 'hidden' effects of fixing freezing tax thresholds and personal allowances. As a result of this, by 2027, 20% of the...
Economics Weekly Quiz | 12 May 2023
Here's our weekly economics news quiz.
UK Interest Rates Climb to 4.5% - Highest since 2008
Unsurprisingly, UK monetary policy interest rates have ticked upwards again, reaching 4.5% after today's Bank of England announcement. However, the Bank is also of the view that inflation is going...
Ryanair and Economies of Scale
Might the Ryanair deal to buy up to 300 Boeing 737 Max-10s generate economies of scale? It is certainly a good applied example of monopsony power and internal growth of a business as the aviation...