The Economics Behind Morrisons' Freezer Temperature Boost
You’re walking through the frozen food aisle at your local Morrisons, and unbeknownst to you, a quiet revolution is taking place inside those freezers. Morrisons has decided to raise the...
Caffeine Inflation: The Soaring Costs of Your Daily Brew
If you've been wondering why your morning coffee fix is costing you more than it used to, you're not alone. New data shows that the price of a cup of coffee has increased by as much as 57% over the...
The recent decision by the Monetary Policy Committee (MPC) of the Bank of England to reduce the Bank Rate from 5.25% to 5% is a clear indication of the delicate balancing act central banks perform....
Becoming a high-income country is the dream of many nations, but for over 100 countries, this dream faces significant hurdles. According to the World Bank's World Development Report 2024, many...
Economic Winds Shift: Bank of England Cuts Interest Rates for First Time Since March 2020
The decision by the Bank of England (BoE) to cut base interest rates to 5% marks a turning point in the UK's economic landscape. This is the first reduction since the early days of the Covid-19...
Recent speculation about changes to inheritance tax (IHT) in the UK has sparked a significant debate on how best to balance revenue generation with fairness. Inheritance tax in the UK is charged at...
Greggs, the beloved and fast-growing UK bakery chain, has recently made headlines by increasing prices on select items, such as sausage rolls and cheese sandwiches. This move, though seemingly...
The UK government’s recent decision to levy a 20% VAT charge on private schools starting January 2025 has stirred a whirlwind of debate. This policy, anticipated to generate an extra £1.5 billion...
Economic Jigsaw: Ethiopia Floats the Birr
The choice of exchange rate system (regime) can be a crucial one for emerging and developing countries. Ethiopia's central bank has made a bold move by floating the birr, the national currency,...
Ice Cream Prices: Greedflation or Genuine Costs?
The recent surge in ice cream prices, with increases as high as 38%, has sparked a heated debate about "greedflation"—the idea that companies exploit economic crises to unjustifiably raise prices....
As the world pivots towards a more sustainable future, Africa stands on the brink of an economic transformation driven by the green economy. A recent report by FSD Africa in collaboration with the...
The concept of a Universal Basic Income (UBI) has captivated thinkers across the political spectrum. It promises a radical shift in the way we think about income distribution, work, and social...
A new report from the Competition and Markets Authority (CMA) sheds light on a significant economic issue: the increasing profit margins among fuel retailers, which are impacting consumers,...
The expansion of London's Ultra Low Emission Zone (Ulez) has sparked significant debate and delivered tangible results. According to a recent report by City Hall, the initiative has led to a...
In a major development for the financial technology sector, Revolut, a London-based fintech company, has finally secured a UK banking licence. This comes after a three-year journey filled with...
Reckitt, a major player in the global consumer healthcare sector, is undergoing a significant transformation. The company plans to sell off its infant nutrition business and a range of home care...
Amazon Prime Video's acquisition of Bray Film Studios in Berkshire marks a significant step in the company's expansion and vertical integration within the entertainment industry. This strategic...
Tesla, the electric-vehicle industry titan, faces a challenging crossroads. The company recently reported a 45% drop in quarterly profits, raising eyebrows among investors and enthusiasts alike.
Landlords in Limbo: Buy-to-Let Mortgage Crunch
f you’re keeping an eye on the UK housing market, you might have noticed something peculiar happening: buy-to-let (BTL) mortgages are in a bit of a slump. The number of new BTL mortgages granted...
Berrynomics: The Juicy Crisis in British Agriculture
Imagine a world without fresh British berries like strawberries and raspberries—quite a bleak breakfast scenario, right? Yet, this could become a reality if current economic trends continue. Let's...
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