Category
In the News
Energy Takeover - Octopus Energy set to takeover Bulb
Octopus Energy are going to takeover Bulb's 1.5 million customers, and remove the need for the latter to be supported by the government.
Sustainable Business - Crisp makers adopt plastic-free packets
It seems inevitable that we are moving towards a world with increasingly plastic-free packaging, and the crisp market is one which most obviously would benefit from such a move.
Musk buys Twitter - will he suffer the winners' curse?
Elon Musk has closed the deal to secure Twitter for a reported $44 billion.
Economics Weekly Quiz | 28 October 2022 Jonny Clark
Welcome back to this new half term! Here's our weekly economics news quiz.
Shell makes record profits - calls mount for a windfall tax
Shell has announced record profits as the oil giant benefits from high global oil and gas prices which have increased the supernormal profits from their exploration, extraction and refining...
Child Poverty - Rising Numbers of UK Children in Workless Households
Progress in reducing the percentage of children living in workless households seems to have been reversed according to newly-released data.
How to reduce the UK's reliance on high house prices
The head of campaign group Positive Money looks here at why the centrality of the housing market to the UK economy results in dysfunctional outcomes, largely because so much of the country's wealth...
Basic food prices surging - is a £7 pint on the way?
Food prices are having a big impact on people’s cost of living. There have been some eye-watering increases in the prices of basic groceries over the last year. This is a rate of inflation that...
Social housing - barriers to building sustainable housing at scale
This Guardian piece looks at one of the major ongoing issues in the UK, the shortage of affordable housing. And yet, as the author points out, in the aftermath of the Second World War, when the...
Tesco Raises Prices for Meal Deals
For the first time in a decade, Tesco has raised the price of their meal deal offer including the price charged to clubcard holders.
UK-EU Trade hit by Non-Tariff Trade Barriers
There are signs that the decision by the UK government to leave the single market of the European Union is having a damaging impact on UK exports to our largest trading partner.
Economic Shocks - How shocks have hit growth in South Asia
This World Bank clip looks at the resilience of the South Asian economy in the wake of a series of recent shocks - floods in Pakistan, the economic crisis in Sri Lanka and the war in the Ukraine....
Contestable Markets - Amazon launches Amazon Insurance Store
Here is an example of a market where an established, scaled business uses their brand awareness to facilitate entry to a new sector. Amazon is launching a home insurance price comparison service...
We've just been looking at the US-China trade war, and you might be forgiven for thinking that in the post-Trump era it's over. But is in't.
Inflation reached 10.1% in September - prices are now rising at a 40-year high. The BIG decision facing the UK government is whether the value of the state pension will rise by the same amount in...
How Europe is cutting power consumption
This Guardian article looks at what EU nations are doing to cut energy consumption.
Price Elasticity of Demand - Glastonbury raises ticket prices to £340
How price sensitive are fans of the Glastonbury Festival? We are about to find out. Significant price increases have been announced for 2023. Tickets for next year's Glastonbury Festival will cost...
RIP Trussonomics - The Chancellor's Emergency Fiscal Statement
Trussonomics is over. I've had cheese in my fridge for longer than Trussonomics has lasted. Here are the key points from the statement issued by the newly-installed Chancellor, Jeremy Hunt.
Siemens CEO calls for EU import quota for wind turbines
Renewable energy economics meets trade protectionism in a fantastic applied example for your Year 13 macroeconomics!
IMF meetings expose the fragility of the world economy
Larry Elliott's piece for the Observer is, I think, astute about the implications of last week's IMF meetings. It seems that the 2008 global financial crisis spelt out the dangers of...