Blog and updates
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17 Jul 2020
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?
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17 Jul 2020
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!
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15 Jul 2020
Covid-19: why travel will never be the same
The Economist explores COVID-19's disruptive impact on air travel.
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9 Jul 2020
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...
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8 Jul 2020
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.
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7 Jul 2020
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.
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7 Jul 2020
Mauritius becomes Africa's 2nd High Income Country
Mauritius has become the second country after Seychelles in Africa to attain high-income status.
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7 Jul 2020
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.
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7 Jul 2020
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.
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6 Jul 2020
Will time-limited vouchers help kick-start an economic recovery?
How should the UK government drive the recovery? Torsten Bell from the Resolution Foundation has an idea.
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6 Jul 2020
Development focus: Finding the 'invisible' millions who are not on maps
This BBC article highlights the importance of property rights in development.
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6 Jul 2020
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...
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6 Jul 2020
Flexible ticket pricing likely as workers stop their daily commute
This is an example of how coronavirus may have changed the way the labour market operates and affected consumer tastes too.
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6 Jul 2020
Monopsony Power in Action: Tesco demands supplier price cuts in discount battle
This news covers competition in the supermarket sector, monopsony power costs, income elasticity of demand and more.
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6 Jul 2020
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.
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6 Jul 2020
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.
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3 Jul 2020
Marshall Society (Cambridge) launch their 2020 essay competition
The Marshall Society, the economics society of the University of Cambridge, is excited to launch their 2020 essay competition.
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3 Jul 2020
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.
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