We have put together a glossary of the key economics terms used in EdExcel Papers 1 to 3 for June 2024. As part of revision, it is a great idea to check through them and consider if you are...

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Here's this week economics news quiz! The quiz has 8 multi-choice questions about news events relating to economics from the previous 7 days. Most of the questions relate to the UK economy but some...

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In an ambitious leap toward renewable energy, Tesco, one of the UK’s leading supermarket chains, has signed a deal to source two-thirds of the electricity generated by the upcoming Cleve Hill solar...

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The government is planning to upgrade workers’ rights, but businesses are concerned about how their costs may rise.

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In a twist for the UK economy, inflation has dipped to a surprising 1.7% in the year to September, the lowest in over three years and below the Bank of England's (BoE) 2% target. This unexpected...

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Which countries contributed the most to world GDP in 2022?

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The UK government is eyeing a significant tax hike on gambling, hoping to raise as much as £3.4 billion annually by 2030 by doubling taxes on "higher harm" gambling products. According to proposals...

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Today's Guardian editorial highlights the fact that the European electric vehicle market doesn't seem to be getting the appropriate support. Governments haven't been investing enough and have...

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How do institutions shape prosperity? This year’s Nobel Prize in Economics, awarded to Daron Acemoglu, Simon Johnson, and James A. Robinson, addresses this critical question with a fascinating take...

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Speculation about what the new Chancellor will include in her first budget has been increasing.

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Here is a great example of entrepreneurialism sparking an increase in market contestability. The UK’s high streets are witnessing a fresh wave of activity, but this time it’s not the latest fashion...

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Do join the tutor2u team as we deliver our third free live-streamed teacher CPD for A-Level Economics tomorrow (15 October) at 6.30pm.

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Here's this week economics news quiz! The quiz has 8 multi-choice questions about news events relating to economics from the previous 7 days. Most of the questions relate to the UK economy but some...

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Which countries have the largest share of global lithium reserves?

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A good example here of the impact of weather and climate on the UK farming industry. The weather has dealt a tough hand to British farmers this year, as record-breaking rain and unseasonably cold...

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In a bold bid to improve the health of the nation and cut down smoking-related costs, public health advocates and charity groups are calling on UK Chancellor Rachel Reeves to introduce new taxes on...

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The UK has become the first G7 nation to end the use of coal-fired power.

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A lovely case of retaliation here in the ongoing EU-China trade war with the Chinese imposing tariffs on EU brandy exports. In addition, as the article notes, "China is also considering new tariffs...

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