Can UK hotels maintain high occupancy rates?
Demand for hotel rooms is sensitive to so many factors ranging from macroeconomic conditions to the vagaries of external shocks such as the pandemic. One key metric for the hotel industry is the...
Sustainable Growth - Forest conservation in Costa Rica
This clip looks at how Costa Rica has blazed a trail for reforestation, being the only developing economy to reverse deforestation and increase forest cover, and help reduce carbon dioxide in the...
OBR forecasts a long, shallow recession for the UK
These are tough times for the UK economy - a long, shallow recession is the main forecast at the moment - but there are big risks ahead especially if house prices fall by more than 10% and if the...
Royal Mail under pressure - will it survive intact?
Royal Mail plc, a business that was fully privatised in 2016 is under severe pressure and there might be some takeover activity in the air.
Is taxing electric cars a possible government failure?
The government has announced that electric cars will no longer have free road tax from 2025. Owners will pay £165 a year in road tax. Tim Slatter, UK chairman of Ford, has described the move as...
Business Growth: Lidl's UK Profits Quadruple
Profits at the deep discount supermarket chain Lidl have quadrupled after an ambitious expansion across the UK.
Currency Economics - Egypt Devalues their Exchange Rate
In this short video we look at some of the possible benefits and costs of the decision by the Egyptian government to devalue their currency against the US dollar.
Inflation Reaches 11% - A Look Inside Britain's Cost of Living Crisis
This Reuters clip looks at the impact of the cost of living crisis in Burnley, highlighting the fact that inflation differs from place to place, with the Lancashire town the worst off.
Electric Vehicles - Ford Commits to Insourcing
Wow! What a superb article for your A-level and IB economics. The CEO of Ford is quoted as saying that manufacturing electric vehicles will require 40% less labour – mainly because there are far...
Are falling job vacancies a sign of recession?
The number of unfilled job vacancies has dropped for the fourth consecutive quarter. Many firms are holding back from hiring new people as they face a severe cost and revenue squeeze. Because job...
Global Economy - Are we in the New Age of Autarky?
This looks and sounds like superb enrichment listening for Year 13 economists. In a new BBC series, Ben Chu asks why nations are turning away from globalisation and seeking self-sufficiency.
Japan economy unexpectedly shrinks after yen slide
For once, fantastic timing! My classes have just completed a Data Response question about Japan and will be looking at another which asks about the consequences for an economy of a strong currency.
Amazon initiates big job cuts - starting with Alexa
Amazon braces itself for slower growth and a possible recession - many other tech companies have initiated thousands of job losses. Now Amazon has followed suit.
Floating versus Fixed Exchange Rates
We have just added a new revision video to the Economics Reference section on the merits and drawbacks of floating versus fixed exchange rates.
Ten Years On - Mozambique starts to export liquified natural gas
This is an important growth and development story to keep an eye on as application for your exams. For Mozambique -- one of the world’s poorest nations -- it marks the end of a decade-long wait to...
Recession Watch - The UK Economy is Shrinking!
Here comes recession! News today that the UK economy shrank between July and September. GDP in the UK fell by 0.6% in September. This was affected by the state funeral for the Queen.
Why Amazon still needs humans in the robot age
Amazon is one of the modern economy's great innovators, and in this article from BBC news the rise of robots in its warehouses is highlighted - although the company is coy about the effects of...
Economics Weekly Quiz | 11 November 2022
Here's our weekly economics news quiz.
Worsening health holds back UK economic growth
The former Chief Economist of the Bank of England, Andy Haldane has claimed that poor health is acting as a drag on economic growth. New data finds that long-term sickness in the UK has risen by...
Which UK bank makes the highest profits?
Which bank makes the highest profit in the UK? HSBC is the UK’s biggest bank and their profits have benefitted from the recent increase in interest rates. Interest rates have been rising in many...