CMA warns against supermarket use of land banks
The Competition and Markets Authority was warned Sainsbury's And Asda about their future conduct in relation to the creation of land banks, and using land as a way of stopping rivals entering a...
Will the UK Energy Windfall Tax be suspended?
With energy prices falling, it seems as though the government are on the point of suspending the recently introduced windfall tax. The higher rate windfall tax was introduced last year in response...
This BBC article compares the price of basic items in supermarkets, trying to see how British prices compare with those on the continent. It highlights the facts that some goods are more expensive...
Economics Weekly Quiz | 09 June 2023
Here's our weekly economics news quiz.
Monopsony Power - Fast Fashion Brands Squeeze Supplier
Are fashion brands exploiting monopsony power in relation to their supplier by forcing them to cut prices for brands such as Boohoo, Missguided and the Frasers Group, the owners of Sports Direct?
Why does the UK have the highest inflation in G7?
This excellent Newsnight video from Ben Chu looks at why British inflation exceeds those of any other G7 country, with core inflation still 6.8% and still rising. So what factors contribute to this...
As we return from a sunny half term break, my thoughts have turned to our Year 12 internal exams. As preparation, I have curated two Kahoot quizzes, each with 30 past paper questions. One for micro...
UBI Trial to start in England
A think-tank, Autonomy, is trialling a Universal Basic Income, with 30 people getting £1,600 a month for two years, and being followed by researchers. The scheme is going to cost £1.15 million with...
This is a fascinating, and potentially complex chance for students to look at costs and revenues in the craft brewing sector, with an increased supply of beer, and increasingly cost-sensitive...
A-Level Economics Exam Entries Surge 7% in 2023
The rapid growth in A-Level Economics continues! Once again Economics is one of the fastest growing subjects at A-level.
Economics Weekly Quiz | 02 June 2023
Here's our weekly economics news quiz.
Are we returning to the price controls of the 1970s?
Larry Elliott writing in the Guardian seeks to draw out both the similarities and the differences between the price controls of the Heath government in the 1970s, and the attempt by the Sunak...
Mariana Mazzucato, author of the Entrepreneurial State, writes in the Guardian about how Britain is failing to match the USA and the EU in its response to the Inflation Reduction Act.
I love this sort of article - it can be sliced and diced in a number of ways, not least in looking at costs, revenues and profits. In this case, you might think about the profit margin on a sharing...
Business Growth - Asda buys EG Group
Asda has taken over the UK and Ireland part of EG Group, the petrol retailer, and in doing so has acquired 350 petrol stations and around 1,000 convenience stores.
This World Bank clip looks at the prospects for sustainable development for Brazil's Amazonian states, starting from the premise that the forest effectively contributes $317bn to the Brazilian...
Five Livestreams ahead of Economics Paper 3
We are rounding off our support for students taking Economics Paper 3 with five livestream sessions focusing on synoptic content. Here are the details.
Preparation for Synoptic Economics Paper 3
We are continuing to provide exam support for Economics students as they prepare for their final papers on Monday 5th June.
Economics Weekly Quiz | 25 May 2023
Here's our weekly economics news quiz.
Here is a wide-ranging selection of topical news items on the UK economy from recent days. So much happening that is of direct relevance to students of this great subject!