Aldi and Lidl continue to enjoy rapid sales growth in the UK as price-conscious consumers look for better value alternatives. Their climbing market share - driven by numerous new store openings -...

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Here is a recording of my YouTube video looking at ten key macro topic issues that might well feature in the 2024 Economics Exam series. Lots going on in the macroeconomy at the moment - please...

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A quick primer on the concept of sticky wages - a Keynesian idea - which has become important during the cost of living crisis. Less than 25% of people in work are members of a trade union....

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140 countries have agreed from 1st January 2024, to apply an effective tax rate of at least 15 per cent on corporate profits.

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The privatised Royal Mail is losing market share to scaled rivals according to data for 2022 published by Pitney Bowes. The industry is an oligopoly - the top four carriers in the UK (Royal Mail,...

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House prices fell by nearly 2 per cent during 2023 according to the Nationwide leaving the average price at £257,000. Even with this drop in prices, the FT reports that a deposit paid by a typical...

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The Financial Times has this excellent in-depth video exploring some of the bank failures that happened in 2023 and casting a critical eye on the wider fragility of the banking system as we head...

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Angola is leaving the Opec oil cartel following an output quota row. Their crude oil production has been in long-term decline and they have opposed OPEC's attempts to cut their base-line quota.

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A towering giant of modern Economics, Professor Bob Solow, has passed away at the age of 99. I was taught the Solow Model as a student at Cambridge and I have continued to teach and refer to it...

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This IMF video clip looks at how the IMF and World Bank have approved HIPC status for Somalia, eradicating 90% of the economy's external debt, or $4.5bn, allowing for greater government spending on...

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The Scottish government has increased marginal tax rates for higher-earners and frozen tax allowances creating some fiscal drag effects along the way. The government has announced a new marginal...

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A key environmental intervention is set to come into force in 2027, a year later than the planned EU carbon border tax which will start in 2026. The news is reported here in the Guardian.

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The Economics Observatory have taken a closer look as the factors that have influenced consumer spending in recent years and considers how retailers are likely to be affected.

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The BBC reports here on one of Mexico's biggest-ever infrastructure projects - the Yucatan railway mega-project which is designed to lift growth and development but is already three times over...

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Here's our final weekly economics news quiz of 2023. Have a great christmas and new year!

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The World Bank has warned that higher interest rates are going to imperil the developmental prospects of many low income countries, by increasing debt repayments and, ultimately, increasing debt...

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We were delighted to support the inaugural King’s College Cambridge Entrepreneurship Lab Essay Competition so ably run by Rhys Williams. This weekend the winners journeyed to Cambridge for a...

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Over the past decade, people have used fewer notes and coins for transactions, but now there is an increase in cash use again.

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We are busy adding new Kahoot quizzes to the tutor2u channel. Three new quizzes have been created covering aspects of market failure.

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This story speaks of the flawed nature of water privatisation, a scandalous lack of regulatory oversight, and the horrific misalignment of incentives.

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