Sterling and the UK Economy
Another day, another exam essay walkthrough! We've just posted an answer to this question: Assess the view that a depreciation of the pound against other currencies is likely to improve the UK’s...
Economic Development - South Africa Turns to Solar to stop Power Cuts
This article is remarkable if only for the statistics relating to the take up of solar power in South Africa. For a country with 8 to 10 hours of sunshine per day to only generate 0.9% of its...
Sustainable Growth - Turning Tofu Waste Into Natural Gas Helps Clean Rivers In Indonesia
Business Insider does luxury and the circular economy very well - in this case, the latter is covered, with the waste water from tofu manufacture being converted into biogas to provide fuel for...
Price Discrimination and Economic Welfare
In the latest in our series of exam question walk through videos, I look at whether price discrimination is damaging to consumer welfare. We hope these videos are useful in showing how to build...
Energy Update: News Stories on the Cost of Living Crisis
Lots happening in the UK energy sector at the moment. Here is a quick potted summary.
Training Places - Apprentices quitting over poor quality of schemes
The poor standard of vocational training in the UK has been a perennial curse, damaging the economy's supply-side perforrnance, and it seems that even the latest round of reforms has done little to...
Poverty and Inequality - Cost of Living Crisis hitting most deprived areas hardest
The distributional effects of inflation have never been evenly spread, and this ONS survey suggests that people in the most deprived areas are spending markedly less on food and essentials than the...
Environmental Economics - CO Emissions by Transport Mode
Which mode of transport emits the most carbon in the UK? The latest data for 2022 is out and the message is clear. Flying is by far the least environmentally-friendly method of travel.
The Economics of Britain's Egg Shortage
Newsnight looks into the ongoing egg shortage in the UK and the impact of avian flu on the nation's birds - including poultry. Factor in rising costs because of higher energy and feed prices, and...
Jaguar Land Rover reduces production
News of another blow for Britain's beleaguered car manufacturers: Loss-making Jaguar Land Rover are reducing production at Solihull and Halewood on Merseyside in response to the global computer...
UK Economy Update: Components of Aggregate Demand
In this short revision video we look at data on the components of aggregate demand for the UK economy and consider why 2023 is likely to be a year of a shallow but perhaps lengthy recession.
UK Economy Update: What is a Tight Labour Market?
In this revision video we explore the meaning of a tight labour market and look at some evidence. We also think about some of the economic effects and how businesses are responding to labour...
Economics Weekly Quiz | 25 November 2022
Here's our weekly economics news quiz.
Profit Warning from Dr Martens - Stock traders put the boot in
A lovely case study to bring to bear - Dr Martens have seen a 13% increase in sales, and yet half-year profits have fallen by 5%. What does this imply?
UK Economy: Net Migration Jumps to 500,000 in the last year
Some important news today on long term migration into the UK. The year to June 2022 has seen a surge in total long-term immigration into the UK – the figure climbed above 1.1 million and net...
An interesting angle here on the current state of the UK economy, with the Chief Economist of the Bank of England, Huw Pill, arguing that as a result of the adverse supply-side shock that the...
Sustainable Business - The Zero Waste Restaurant in Hackney
The very embodiment of a sustainable business - this zero waste restaurant, "Silo" in Hackney is looking to create a dining experience which generates no waste, using organic ingredients.
Tidal Power - Costs Ebb and Reliability Flows
Are we at the point where tidal power is on the point of being commercially viable?
UK Digital Services Tax starts to bring in revenue
It is fascinating to see that the new UK Digital Services Tax - a 2% levy on the gross revenues of tech companies - has generated £360m in tax revenue from US tech giants in its first year. This...
Penguin Scraps Merger Plan with Rival Publisher
The merger between Penguin Random House and Simon & Schuster has collapsed with the former withdrawing from the deal after US courts had blocked the deal.