Larry Elliott argues here that the next few years are unlikely to see a repeat of the 1920s, with a Fourth Industrial Revolution.
Is the UK economy facing a summer of discontent on pay?
Are we facing a summer of discontent on the back of the cost of living crisis?
The Economist has produced this excellent eight-minute primer on how a rise in interest rates can help to control inflationary pressures.
This is macroeconomic gold dust for new Year 12 economists!
Water as a Commodity - Forward Markets are emerging
In California and Australia investors can now bet on the cost of water.
While many Western economies appear to be slowly recovering from the coronavirus pandemic, China is struggling to do so.
German government offers a cheap travel pass to citizens
This Guardian article looks at the German response to tackle the cost of living crisis by offering a €9 travel pass to its citizens.
Spain uses a windfall tax to make some train journeys free
Here is an interesting example of hypothecated taxation. The Spanish government is using proceeds from a windfall tax to make some train travel free.
The news that the UK has a tech talent shortage isn't a surprise - however, students should immediately be able to see the implications of this for the macroeconomy.
Netflix and Microsoft have teamed up to offer a cheaper version of Netflix, complete with adverts, in an attempt to stem a loss of subscribers.
How the cost of living crisis is widening child poverty
More evidence is emerging this week about the impact of the cost of living crisis on relative poverty among households and across regions
Stagnation Nation - In Work Poverty, Inequality and Fragility in the face of Economic Shocks
A new report “Stagnation Nation” argues that a combination of low productivity & inequality has left average UK households £8800 worse off than people in five comparative countries.
A Question of Supply - Heathrow implements a Capacity Cap
The UK’s busiest airport, has announced a two-month cap on departing passengers at 100,000 a day to limit queues, baggage delays and flight cancellations.
Greenpeace has released new survey evidence revealing that UK households only recycle a mere 12% of their single-use plastics.
The heatwave and demand for bottled water
The UK's heatwave is inevitably driving higher demand for cool drinks but Briton’s desire for bottled water over the long run may be declining.
Why might a real-time weekly index of till-sales at Pret tell us about the changing nature of the labour market?
Is the fall in sterling good for the UK economy?
The eminent economist Barry Eichengreen highlights here the damage that the weakening of the pound is likely to cause the UK economy.
How deep is the UK's economic crisis? Six charts to help students understand what is really going on
This is macroeconomic gold dust for students and teachers! The Guardian provides a helpful series of charts highlighting six key problems facing the UK economy.
Economics Weekly Quiz - 08 July 2022
Here's our last weekly economics news quiz of the academic year. We have 8 multichoice questions and a 'Classroom mode' for those teachers wishing to use the quiz in class. Good luck!
Economics Weekly Quiz - 01 July 2022
Here's our weekly economics news quiz. Apologies that there is no online version of the quiz this week. We have 8 multichoice questions available on the Powerpoint download.