Economics Weekly Quiz - 07 January 2022
Happy new year and welcome back! Here's our first weekly economics news quiz for 2022! The annual meeting of which world leaders and business chiefs in which town has been suspended? Which sector...
RAC claims motorists are being ripped off by £5 million a day
Petrol prices in the spotlight again here with the RAC claiming that motorists are being ripped off.
Carbon shift - 65% of new cars bought in Norway are electric
65% of new cars bought in Norway are electric. You might be surprised that an oil producer is so keen to encourage electric car take-up.
Market Failure - Scotland bans single-use plastic
Scotland is adopting legislation to outlaw the use of single use plastics from summer 2022 covering items including food containers, presumably for deep fried Mars bars.
Is Sri Lanka on the point of bankruptcy?
This Guardian article looks at how the pandemic has had a severe impact upon the Sri Lankan economy.
UK energy crisis - should the Government cut green taxes?
The UK energy crisis rumbles on. A number of Conservative MPs have written to the PM to ask for action to lower energy bills - possibly by lowering environmental taxes.
A-Level Update Magazine | Issue 1 | Digital Edition
Here is a digital download version of the free printed magazine for all A-Level Economics students.
Price Discrimination: FCA acts to end price gouging of loyal customers
News that that the UK car and home insurance market is going to be more closely regulated, with companies being prevented from charging existing customers more than new customers.
Brexit Update: How has Brexit changed trading between the EU and the UK?
This BBC clip looks at how Brexit has affected trade between the EU and the UK.
Dr Doom on economic and geo-political risks in 2022
Nouriel Roubini, aka Dr Doom serves up a litany of downside economic and geo-political risks for the world economy as we move into 2022.
Turning Into 2022 - Some Important Economics News Issues
There are plenty of important economics and business news stories in focus as a New Year approaches.
Red Bull sells 8 billion cars a year but manufactures none of them
Red Bull sells eight billion cans of their energy drinks each year but it doesn't manufacture any drinks at all!
Monetary Policy - Bank of England raises interest rates from 0.1% to 0.25%
The Bank of England has raised the base rate from 0.1% to 0.25% - a signal that they are prepared to tackle rising inflation.
Development Economics - Building Environmental Resilience
Here are a couple of video clips looking at how low and middle income countries can build resilience in the face of severe environmental pressures.
How Airlines Quietly Became Banks
How do airlines make money? Increasingly, it isn't by flying.
Duopoly and Competition Policy - Apple and Google duopoly limits competition and choice
Much interest today in a new report on Apple and Google duopolistic dominance of the smartphone market in the UK.
Horizontal Integration - National Express seals takeover of rival Stagecoach
A horizontal merger has been agreed between National Express and Stagecoach, creating a proposed company with a fleet of 40,000 vehicles and 70,000 employees.
Labour Market - UK Job Vacancies Reach New High of 1.2 million
Have we reached full employment? What even is full employment?
Development Economics - Vending Machines and Retailing in Kenya
CK Prahalad wrote about "The Fortune at the Bottom of the Pyramid" and this is a lovely example of where it exists.
Elasticity of Labour Supply - HGV Skills Bootcamp
An insight here into the price elasticity of supply of lorry drivers, with the government's HGV HGV Skills Bootcamp programme having seen its funding double to try and reduce the shortfall of HGV...