VAT cut - will firms lower prices for consumers?
The government temporarily cut VAT from 20% to 5% for the UK hospitality industry. But will this indirect tax reduction get passed on to consumers?
Economics News Quiz - 17 July 2020
Here's the final weekly quiz on UK Economics for this tumultuous academic year. Good luck with the quiz and have a great summer!
Covid-19: why travel will never be the same
The Economist explores COVID-19's disruptive impact on air travel.
Economics News Quiz - 10 July 2020
Here's this week's economics news quiz. Good luck!
Should climate change be put at the heart of economic theory? [Year 12 and Year 13 Enrichment Task]
Mark Carney, former Governor of the Bank of England, is passionate about the importance of Climate Change for the global economy. Reports this morning from the World Meteorological Organisation say...
Sunak's Plan for Jobs
Here are some of the key details of the latest round of measures from the UK government designed to protect jobs.
How coronavirus is widening the UK gender pay gap
Excellent long read in the Guardian about the impact of the pandemic on the gender pay gap.
Mauritius becomes Africa's 2nd High Income Country
Mauritius has become the second country after Seychelles in Africa to attain high-income status.
Hitachi looks to build battery plant in the North East
This could be really important and really positive news for manufacturing in the North East of England.
How far will electric transport take us?
The FT looks at the future for transport, noting the rise of electric vehicles, as governments look to reduce emissions - with transport responsible for 15% of global emissions.
How should the UK government drive the recovery? Torsten Bell from the Resolution Foundation has an idea.
This BBC article highlights the importance of property rights in development.
Keynes for the Beginner
Professor Robert Skidelsky is running a series of tweets capturing the essence of Keynesian economic thinking. We'll curate his tweets in this blog entry - there is a lively debate after each of...
This is an example of how coronavirus may have changed the way the labour market operates and affected consumer tastes too.
This news covers competition in the supermarket sector, monopsony power costs, income elasticity of demand and more.
Can New England's cod fishing industry survive?
This Guardian article looks at a classic common access resource problem: over-fishing. In this case, it's the North Atlantic waters off the New England coast that no longer teem with cod.
Should the UK introduce a new wealth tax?
61% of UK public support wealth tax for individuals with assets worth more than £750,000, (excluding pensions and value of main home) according to a survey from YouGov.
The Marshall Society, the economics society of the University of Cambridge, is excited to launch their 2020 essay competition.
World's first 3D printed plant-based steak
What shall we print for dinner? This Reuters clip looks at the growth of the alternative meat market - notably in Israel.
Economics News Quiz - 3 July 2020
Here's this week's economics news quiz. Good luck!