Blog and updates
-
28 Jul 2022
US Federal Reserve raises interest rates by 0.75%
The US Federal Reserve has announced a sizeable increase in interest rates of 0.75% and a new target interest rate of 2.25% to 2.50%.
-
28 Jul 2022
IMF predicts UK to be the slowest-growing G7 economy in 2023
The IMF - not always correct - has identified that the UK economy is going to be the slowest growing of all G7 economies in 2023, cutting its previous 1.2% forecast to 0.5%.
-
27 Jul 2022
Amazon Raises Prime Prices in the UK and Europe
Amazon Prime has announced that from 15 Sept, monthly membership increases from £7.99 to £8.99, and annual membership from £79 to £95.
-
27 Jul 2022
How regulatory failure has costs UK households money
The Guardian covers the collapse of Avro Energy - and the lack of regulation of the energy company, given the volume of complaints made by consumers.
-
26 Jul 2022
Unilever lifts their advertising spending to reinforce brand loyalty
Unilever is increasing advertising spending to reinforce brand loyalty and thereby reducing price elasticity of demand for their products.
-
25 Jul 2022
The Extraordinary Toshiba Saga
I'll be using this short FT video when teaching business conglomerates, demergers and the principal agent problem this autumn.
-
25 Jul 2022
Can the UK government nudge people into using less energy?
Last year, Ovo was criticised for advising customers to cuddle pets, eat porridge and do star jumps to keep warm.
-
25 Jul 2022
Are CEO salaries out of control?
One of my favourite topics - executive pay - with the cost of living crisis doing nothing to halt the surge in executive pay in both the UK and the US.
-
24 Jul 2022
What is profit-push inflation?
To what extent is the surge in consumer price inflation partly the result of businesses opting to increase their profit margins?
-
22 Jul 2022
European Central Bank raises interest rates for the first time in 11 years to zero percent!
The European Central Bank has raised their main monetary policy interest rate by 0.5% - the first increase for eleven years. Rates have risen to 0.0%!
-
22 Jul 2022
Explaining the Link Between the Ukraine War and the Global Food Crisis
This Economist video looks at how the war in Ukraine is precipitating a global food crisis, with 800m people going to bed hungry every night.
-
22 Jul 2022
Tata may close Port Talbot steelworks without a £1.5bn subsidy
This is a good article to use when evaluating the benefits and costs of government subsidies.
-
21 Jul 2022
Pfizer and Flynn fined £70m for price fixing a life-saving epilepsy drug
In an egregious example of price fixing, Pfizer and Flynn have been fined £70 million for abusing their dominant positions to overcharge the NHS for a life-saving epilepsy drug.
-
19 Jul 2022
French government to fully nationalise EDF energy
It's interesting to see how the French government are looking to resolve the issue of energy security.
-
19 Jul 2022
How co-operative farms can promote regenerative agriculture
Co-operative ownership of farmland in the Netherlands is managing trade-offs between agricultural productivity and environmental objectives, such as maintaining biodiversity.
-
19 Jul 2022
Quizlet Retrieval Quizzes for A Level Macroeconomics
Here is an updated set of 35 resources for students and teachers of EdExcel Macroeconomics taking exams in 2023
-
18 Jul 2022
Quizlet Retrieval Quizzes for A Level Microeconomics
Here is an updated set of forty resources for students and teachers of EdExcel Microeconomics taking exams in 2023
-
17 Jul 2022
Why a return to the roaring twenties is unlikely for the UK economy
Larry Elliott argues here that the next few years are unlikely to see a repeat of the 1920s, with a Fourth Industrial Revolution.
-
17 Jul 2022
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?
-
17 Jul 2022
Monetary Policy - How does raising interest rates control inflation?
The Economist has produced this excellent eight-minute primer on how a rise in interest rates can help to control inflationary pressures.
Get email updates
Subscribe to our email updates and we’ll let you know whenever new content we think you’ll find useful is added.