Category
In the News
Why is car insurance becoming so expensive?
The cost of car insurance in the UK is soaring. Average comprehensive cover is now over £560– a third more than the same time in 2022, according to the Association of British Insurers. This short...
Economics Weekly Quiz | 26 January 2024
Here's our weekly economics news quiz covering stories from the UK and global economic events of the passed 7 days.
New Brexit Rules Set to Increase UK Food Prices
One of the costs of the UK leaving the EU single market will become glaringly apparent in the weeks and months ahead. New post-Brexit border rules are predicted to push up the cost of importing...
tutor2u launch The Outlet
tutor2u has been around for a while now. And some of our resources have reached that point where, having done their duty in the classroom, they've been replaced by newer versions! Not to worry...
Are tax cuts the best way of stimulating economic growth?
With the news that the Chancellor is contemplating pre-election tax cuts, Will Hutton's Observer piece here looks at whether this is the best way of boosting economic growth.
Price Capping - London’s single tube and bus fares to be frozen
The announcement of a price freeze for single fares strikes me as another example of a price cap; if it weren't for the intervention single fares would be higher. But what will its effects be? Yes,...
Economics Weekly Quiz | 19 January 2024
Here's our weekly economics news quiz covering stories from the UK and global economic events of the passed 7 days.
Octopus Boss predicts fall in energy prices this spring
Good news for households, in that the CEO of Octopus Energy, Greg Jackson, has forecast that energy prices will tumble in April, because of nature of the market. Gas for April delivery will have...
Commodity Prices - Cocoa Prices Surge to 40 Year High
World prices for cocoa beans have surged to a forty-year high. Supply-side factors are largely to blame but so too is an increase in speculative demand in the future market as buyers scramble to...
UK Economy - Inflation Rises to 4%
The annual rate of inflation in the UK has edged higher to 4% in the year to December 2023 and there are worries that the widening conflict in the Middle East will bring about another external...
Economics Weekly Quiz | 12 January 2024
Here's our weekly economics news quiz covering stories from the UK and global economic events of the passed 7 days.
Norway votes for deep-sea mining
This article looks at the controversial topic of deep-sea mining and the potential negative externalities that are associated with it.
UK Economy - Electric Car Charging Infrastructure Lags Behind
This BBC article looks at the fact that the move to electric cars is going to require a charging network and the various options available, from rapid charging points, to lamppost charging points...
UK Economy - The Borrowing for Investment Debate
Carsten Jung writes here in the Guardian about the need for increased investment in the UK, not least public sector investment, and suggests that the Labour Party's commitment to a £28bn a year on...
Who is Britain's Best Paid Boss?
The answer is Denise Coates, Managing Director and Co-Founder of Bet365. In the year to March 2023, Coates was paid about £221 million. The founder also took at least £50 million in dividends...
How big is E-commerce in the UK economy?
A quick primer on the continued growth of e-commerce in the UK. In November 2023, internet sales accounted for nearly 27 percent of all retail sales in Great Britain. But the internet accounts for...
Number of UK businesses going bust rises 52% in two years
The environment for small business appears to be markedly worse this year than it was two years ago, with a 52% rise in insolvencies since 2021, attributed in large part to COVID and Brexit.
How China's BYD Overtook Tesla
This is a fascinating insight into the rise of BYD, and how collaboration between the firm and the Chinese government have allowed it to overtake Tesla.
African Economy in Focus - Five Topical News Stories
Here are five recent news stories on the African economy - great for adding application to your study notes if you are revising economic growth and development on the African continent.
10% surge in CEO pay during 2023
By 1pm on Thursday 4th January, median FTSE 100 CEO’s earnings for 2024 will surpass the median annual salary for a full-time worker in the UK. Median FTSE 100 CEO pay (excluding pension) now...