Category
In the News
Business economics: Can Uber ever be profitable?
Uber is a rapid-growth platform business operating mainly in the ride-share and food delivery markets. But don't confuse fast growth with profits! Their latest quarterly losses are huge!
Evidence of diseconomies of scale at Uber
Uber is laying off one third off their global marketing team as the business looks to cut their overhead costs and stem mounting losses.
Using AI to track sentiment and measure recession risk
Immediate fears of a recession in the UK economy were eased last week with the Office for National Statistics (ONS) latest estimate of monthly GDP. The economy had shrunk in April, but growth was...
Pearson to phase out printed textbooks
How many teaching colleagues have the same experience nearly every year when the majority of students hand in costly textbooks with barely a sign that they have been read?
Should the sugar tax be scrapped?
The sugar tax was introduced in April 2018, manufacturers have to pay more tax the higher is the sugar content of the drink.
Alan Turing celebrated on the new £50 note
Code breaker Alan Turing has been celebrated as the new face on the new £50 note. This is marvellous news, a recognition of the incredible work that Turing and others did at Bletchley Park. He was...
Economics Weekly Quiz - 12 July 2019
Here's this week's economics news quiz. Good luck!
Economics Weekly Quiz - 5 July 2019
Here's this week's economics news quiz. Good luck!
Sweden leads the 2019 EU Innovation Rankings
The bulk of economic growth in advanced countries comes from generating, testing, introducing and applying commercially ideas at the cutting edge. Here is an interesting ranking on the supply-side...
Scottish alcohol sales drop after minimum price intervention
New data finds that there has been a 3% decrease in alcohol consumption such that Scottish alcohol sales are at their lowest in 25 years. Is this - in part - the result of the introduction of a...
The Adidas factory making shoes out of plastic bottles
Plastic waste is clearly a major issue, but this BBC video clip highlights an Indian factory that is making shoes and clothes out of polyester reclaimed from plastic bottles.
Economics Weekly Quiz - 14 June 2019
Here's this week's economics news quiz. Good luck!
Economics Weekly Quiz - 7 June 2019
Here's this week's economics news quiz. Good luck!
Amazon trials ten pop-up shops on the UK high street
Keeping up to speed with the fast-changing high street environment is never easy. Recently eBaY opened a pop-up shop to showcase the wares of some of their traders and now Amazon is launching ten...
Waitrose joins the Unpackaged Movement
The circular economy in action! This could well become one of the key points of non-price differentiation between grocery retailers in the UK. Waitrose is trialling refilling stations for dried...
Economics Weekly Quiz - 31 May 2019
Here's this week's economics news quiz. Good luck!
Economics Weekly Quiz - 24 May 2019
Here's this week's economics news quiz. Good luck!
Amazon invests in Deliveroo
An interesting tech joint venture. Amazon has invested in Deliveroo - looking to support the food courier.
Firms turning employees into owners
The BBC uses the announcements by Richer Sounds and BT to look at the incentives for firms to opt for employee-ownership. Higher productivity, lower staff turnover, more innovation and the ability...
Economics Weekly Quiz - 17 May 2019
Here's this week's economics news quiz. Good luck! PS. Best of luck with upcoming exams!