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In the News
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.
Update on the UK Economy
The last of our nine live Easter online revision sessions is today at 12 noon. We will be covering the UK economy with loads of application and evaluation to support students as the May and June...
Soaring energy costs force UK tomato growers to quit
Rising costs are driving some tomato farmers out of business - and for those of you revising for an examination, you might think about how this moves individual farmers from a position where they...
Tesco Cuts Milk Prices - Will other retailers follow?
A glimmer of hope here that cost of living pressures might be starting to ease. Tesco has announced cuts in the retail price of milk in response to a fall in prices in the wholesale market. This is...
Transport investment could give the UK economy a £50billion lift
The TUC - and in this case it is representing 48 trade unions - claim that investment in public transport can simultaneously provide a £50 billion boost to economic growth, as well as make a...
Proposals to reform UK Council Tax
I've been reading Paul Johnson's excellent "Follow the Money" recently, and this Larry Elliott piece chimes with much contained in the book. In both cases, Johnson and pressure group, Fair Share,...
IMF downgrades UK Growth Forecast
The UK is forecast to be the worst performing economy, both in the G7 and the larger G20 group of nations in 2023, with the IMF predicting that the economy is going to shrink by 0.3%, before...
Digital Services Tax - Are Tech Companies Avoiding It?
The Public Accounts Committee and the National Audit Office are both slightly concerned about the effects of the Digital Services Tax (DST) with measure generating 30% more tax revenue than was...
Norway's Salmon Tax - A Leap towards Sustainability?
Interesting news from Norway, where the government are pressing forward with a so-called salmon tax. The move is in response to the large profits made by this important sector of industry, and the...