Blog and updates
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13 Feb 2025
Airport Expansion With British Steel
The Chief Executive of Heathrow Airport is going to announce plans for a third runway, and that the project is going to use British steel in its construction. It's interesting, not least because of...
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13 Feb 2025
How solar panels can help address fuel poverty
The Resolution Foundation has suggested that the problems of the fuel-poor could be tackled if the government subsidised the installation of solar panels to reduce their energy bills. The...
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13 Feb 2025
In the News Teaching Activity – why is beauty company Estée Lauder cutting jobs? (Feb 2025)
Rising costs and uncertainty about tariffs are threatening profits for Estée Lauder, owner of brands such as Clinique, MAC and Jo Malone.
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12 Feb 2025
Lidl lifts pay ahead of minimum wage rise
The grocery retail sector is oligopolistic, which has implications for consumers, in influencing the way in which supermarkets price their products, but also for factors of production in the...
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12 Feb 2025
Why 1.5 million Britons are still hunting for a job
This Guardian piece looks at the current state of play in the labour market through the eyes of some relatively experienced, and skilled, jobseekers. The consensus is that the jobs market is...
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12 Feb 2025
Spain Outpaces Europe: Is This a Sustainable Growth Model?
At a time when major European economies are struggling with stagnation or outright contraction, Spain has emerged as an unlikely success story. In 2024, its economy expanded by a robust 3.2%, far...
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11 Feb 2025
Data Starter: Global harmful tariffs, 2023
Which countries had the most harmful tariffs in force in 2023?
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10 Feb 2025
In the News Teaching Activity – Why is the USA imposing tariffs on other countries? (Feb 2025)
The USA has threatened multiple countries with tariffs since Trump came to power.
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7 Feb 2025
Data Starter: World consumption subsidies for fossil fuels 2010-2023
What happened to the world’s explicit consumption subsidies for fossil fuels between 2010 and 2023?
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7 Feb 2025
Economics Weekly Quiz | 07 February 2025
Here's this week's economics news quiz. The quiz has 8 multi-choice questions about news events relating to economics from the last 7 days. Most of the questions relate to the UK economy but some...
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6 Feb 2025
Bank of England Cuts Interest Rates – What It Means for the UK Economy
Important update for A-Level and IB Students! The Bank of England has just announced a major decision—cutting the base interest rate to 4.5%!
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6 Feb 2025
Cracking the Cashew Conundrum: Ghana’s Battle for Value Addition
This article from BBC news provides an in-depth look at Ghana’s cashew processing struggles through the lens of economic theory, making it an essential read for students of development economics.
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6 Feb 2025
In the News Teaching Activity – A big hike in water bills this year (Feb 2025)
Water bills in England and Wales are set for their biggest rise since privatisation, with households paying more while investors benefit.
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4 Feb 2025
Data Starter: Global remittances versus foreign aid in 2021 (World Bank, 2024 data)
What is the relative importance of money sent or brought back by migrants compared to foreign aid?
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3 Feb 2025
In the News Teaching Activity – why are the government planning to create a ‘Silicon Valley’ in the UK? (Feb 2025)
Rachel Reeves is likely to unveil plans to create “Europe’s Silicon Valley” between Oxford and Cambridge.
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1 Feb 2025
Trump’s Tariff Gambit: Economic Fallout from a New Trade War
Donald Trump’s decision to impose sweeping import tariffs on Canada, Mexico, and China—some of the United States’ largest trading partners—has sparked fears of a fresh trade war. With a 25% tariff...
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31 Jan 2025
Data Starter: Quantitative Easing in the UK 2009-2022
How many assets did the Bank of England purchase in its QE programme between 2009 and 2020?
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31 Jan 2025
Economics Weekly Quiz | 31 January 2025
Here's this week's economics news quiz. The quiz has 8 multi-choice questions about news events relating to economics from the last 7 days. Most of the questions relate to the UK economy but some...
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30 Jan 2025
Healthy food costs more than double less healthy options
The fact that healthy food, such as fruit and vegetables, costs twice the amount that heavily-processed foods does, has interesting economic implications. The fact that such foods are luxury goods,...
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30 Jan 2025
Manufacturing: UK car production falls to lowest level since 1954
The decline in the number of cars manufactured in the UK to its lowest level since 1954 is concerning, given the relative importance of the sector and its contribution to the UK economy, not least...
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