Internal Growth - Asda to open more shops at Issa brothers' petrol stations
Economics or Business Management: take your pick. Either way this is a good applied exampleof diversification and internal growth.
Economics Weekly Quiz - 02 Sep 2021
Welcome back to the new term! The beauty of economics comes from how it can be applied to the real world so why not try our weekly quiz and test your knowledge? We have 10 questions using economics...
Steel industry - Port Talbot steelworks owner reports £347m loss
There are so many micro and macro aspects to this news story about continued heavy losses at the UK operation of Indian conglomerate Tata Steels.
NEETs - Percentage of NEETs falls below ten per cent
NEETs are young people who are not in education, employment or training. The good news is that the number of people in this category is falling.
Inflation - Sri Lanka in economic emergency as food prices soar
The Sri Lankan government is introducing government-controlled prices in a bid to stem inflation in an economy hit hard by a depreciating currency and the damaging impact of covid on their...
Negative Externalities - Air pollution is slashing years off the lives of billions
The World Health Organisation has called air pollution the "silent tsunami" and the latest data on the negative externalities of air pollution suggests that it is a bigger killer than many...
Commodity Prices - Vietnam adds to global coffee supply concerns
A lovely example here of how changing non-price factors can cause a change in the market supply of coffee beans used mainly for producing instant coffee.
Underemployment - Japan's army of under-employed ex-housewives
This is a lovely example of what is meant by the term 'under-employment' and illustrates exactly what this implies for an economy.
The United States has entered the market for offshore wind, with the first wind farms being built, with the hope being that ultimately it will house the most powerful wind turbines in the world,...
Labour shortages - is market power shifting to workers?
The Guardian's John Harris writes here about the ongoing labour shortages, arguing that they offer an opportunity for workers to assert their power, supported by trade unions, and see a substantial...
Micro and Macro Economics in Action! Why is there a chip shortage?
This BBC clip looks at the impact of the global chip shortage on the world economy, with bottlenecks in different sectors and impacts for firms and individuals.
Are the wheels starting to come off the connected-fitness market dominated by businesses such as Peloton?
Maximum prices - Why rent control isn’t working in Sweden
This is the sort of really interesting article that Economics teachers love - a classic example of why rent ceilings don't work.
Poorer UK towns found to have the most betting shops
New Bristol University research reported here suggests that the poorest sectors of society in the UK are targeted with betting shops more highly concentrated in less affluent areas. Betting shops...
Innovation and Creative Destruction - The Rise And Fall Of Polaroid
Here is a lovely bit of economic history covering creative destruction and the nature of markets.
Are soaring property prices - over time - good news for the UK economy?
Should a carbon tax vary according to the stage of the economic cycle?
UK Economy - uncertain times ahead
A cluster or comment pieces in recent days have focused on the uncertainties surrounding the UK and global macroeconomics outlook.
Business growth - Lloyds Bank aiming to become giant UK landlord
Lloyds Banking Group is planning the enter the private housing rental market through their Citra Living brand.
The vexed issue of executive pay is highlighted in a new High Pay Centre investigation into the extent to which CEOs do better than the rest of us.