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The CEO of Iceland has highlighted the lack of competition in the baby formula market, arguing producers are exploiting those struggling in the cost-of-living crisis.

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Headline-grabbing reduction in employee national insurance contributions in the Autumn Statement, but a poor outlook for households’ real disposable income

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The government has announced a significant increase in the national minimum wage rates to take effect from April 2024.

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According to the IMF, Latin America can unlock its economic potential by boosting international trade through improved infrastructure and better development strategies.

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While the UK struggles with a cost-of-living crisis and inflation above target, the Chinese price level has started to fall.

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Scotland introduced a maximum annual rent rise of 3% in September 2022 to solve the issue of rising rents during the cost-of-living crisis, but the outcomes have not been as beneficial as hoped.

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British Steel's shift to electric furnaces risks jobs, sparks concern over UK steel independence, but should help with decarbonisation. Have a go at this free teaching activity, which includes a...

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Sainsburys believe they are winning back some market share from the discount supermarkets and are anticipating a good Christmas for profits.

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The Bank of England is expecting a stagnant economy over the next year but is keeping its base rate at 5.25% to squeeze the inflation rate back down towards its target of 2%.

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If you enjoy connections, wordle, & tradle, then you will probably like the latest OEC game: ConnectTrade. Can you connect four countries and the four products that make up some of their key...

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The government has redirected some funds from the cancelled HS2 into support for bus services including an extension of the £2 cap on bus fares to 2023. Have a go at this free teaching activity,...

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The EU Tax Observatory have suggested that billionaires should face a minimum tax rate to reduce inequality. Have a go at this free teaching activity, which includes a downloadable worksheet and...

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According to the British Apples & Pears website, in 2023 an apple a day keeps the doctor away, but costs for suppliers have risen. Have a go at this free teaching activity, which includes a...

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Britain and South Korea extend low or zero tariffs on their bilateral trade of products with parts from the European Union avoiding high tariffs on British businesses under so-called rules of...

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Professor Claudia Goldin’s research has ‘advanced our understanding of women’s labour market outcomes.’ She is the third women to win the Nobel Prize for Economics. Have a go at this free teaching...

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The IMF forecasts that the UK’s growth rate for 2024 will be just 0.6%, in part, because higher interest rates are needed to reduce UK inflation. The UK government believes this is too pessimistic...

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The UK's cloud computing market is under scrutiny for being dominated by Amazon and Microsoft.

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Inconsistent and fluctuating public sector investment, such as the recent cancellation of Birmingham-Manchester HS2, is contributing to the UK’s poor investment performance. Have a go at this free...

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Scientists have found evidence that 23m people in the world are living on ‘contaminated’ flood plains due to metal-mining pollution. Have a go at this free teaching activity, which includes a...

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The Institute of Fiscal Studies predicts the UK tax burden will increase to about 37% of national income by 2024 and anticipates it is unlikely to come down anytime soon. Have a go at this free...

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