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In the News
To lend money to customers, businesses need to apply for and gain approval for a specific type of banking licence. This is an important example of a regulatory entry barrier. UK-based mobile...
Debunking myths about low emissions zones
This Guardian article looks at how congestion zones are misrepresented in the media and highlights four benefits of clean air zones that are often overlooked.
Australia is looking to ban recreational vaping, believing vaping amongst the young to be a gateway drug, rather than a way of weaning people off cigarettes. As a result, vaping is going to be ban...
Inflation has made us poorer but whose fault is it?
Larry Elliott writes in the Guardian about the current bout of inflation and, rightly in my view, turns the tables on the Bank of England. Instead of asking for workers to show restraint in their...
Sri Lanka - Update on their economic crisis
The Sri Lankan central bank has set out how the debt crisis has adversely affected the economy and the trajectory of the recovery, forecasting a 2% decrease in growth this year before 3.35 growth...
Economics Weekly Quiz | 28 April 2023
Here's our weekly economics news quiz.
How chronic ill-health damages the UK's supply-side
This Larry Elliott piece looks at the implications of Britons poor health for the nation's supply-side, and by definition the economy's wider macroeconomic objectives, something recognised by a...
The Competition and Markets Authority (CMA) has blocked what would have been a mega-merger between Microsoft and Call of Duty maker, Activision, citing concerns about the implications of the merger...
Restaurant chain Prezzo is closing 46 stores as it grapples with cost increases brought about by the current economic environment. It seems that the cost of living is starting to bite in the...
Globalisation - Pret A Manger launches in India
Globalisation has seen brands look to expand into fast growing markets and in this case it's Pret A Manger that's decided to enter the Indian market.
Economics Weekly Quiz | 21 April 2023
Here's our weekly economics news quiz.
Inflation remains stubbornly high above 10%
Hopes that the annualise rate of inflation might dip below 10% have been dashed for the moment. The rate of inflation will come down - economists use disinflation for this effect - but if we dig...
Exam Revision - Key Stats on the UK Economy
Here we go! A quick journey through 16 of the key stats on the UK economy to aid students revising for their exams and wanting fantastic application to help impress the examiners!
Unemployment nudges up to 3.8% and real wages fall 3% in a year
UK unemployment edged higher in the three months to the end of February according to new data as the British economy continues to be impacted by high inflation. The UK unemployment rate is now 3.8%...
Is Apple becoming a bank? Or can Apple draw many of the benefits of being a financial services provider without becoming a commercial bank outright? This is a super interesting development in the...
Vertical forwards integration with gaming giant Sega buying game maker Rovio, responsible for the Angry Birds video game. It seems to be part of a current trend of platform owners looking to gain...
The world desperately needs a fairer economy
Two of the biggest contemporary names in development - the Director-General of the WTO, Ngozi Okonjo-Iweala, and the PM of Barbados, Mia Mottley, have contributed a piece to the Guardian that...
Economics Weekly Quiz | 14 April 2023
Welcome back after the Easter break! Here's our weekly economics news quiz.
Elasticity of Supply - Modular Housing in the UK
3,300 modular homes were built in the UK in 2022, one in 60 of every new home constructed. But the industry is struggling to scale up production and achieve commercial viability.