Blog and updates
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26 Nov 2024
Data Starter: UK current account on Balance of Payments
How big was the UK's current account deficit in 2023?
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25 Nov 2024
The Undead Economy: Lessons from a Hypothetical Zombie Outbreak
Imagine this: a bad batch of beer turns into a full-blown zombie outbreak, plunging the UK into chaos. Beyond the gory drama, this scenario—modelled using the National Institute Global Econometric...
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25 Nov 2024
CEO Pay Under the Microscope: Charting a Fairer Path for Workers and Executives
Recent debates around the staggering pay packages of top executives have reignited discussions about fairness in the workplace. A new survey by the High Pay Centre reveals that over half of the UK...
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25 Nov 2024
In the News Teaching Activity – Gross Inclusive Income - a better measure of national economic progress than GDP? (Nov 2024)
The UK's ONS is pioneering a more holistic way to measure economic success through Gross Inclusive Income (GII), which incorporates sustainability and wellbeing alongside traditional financial...
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24 Nov 2024
Has China Reached Peak Emissions?
Has China, the world's leading polluter reached peak emissions? And if so, has its journey to net zero emissions begun. This Bloomberg clip looks at how China got to account for 30% of carbon...
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22 Nov 2024
Britain’s £7.6bn Hit Song: The Economics of the Music Industry
The UK music industry is hitting the high notes economically, but beneath the headlines of record-breaking revenues lie significant challenges that could disrupt the rhythm of this vibrant sector....
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22 Nov 2024
Economics Weekly Quiz | 22 November 2024
Here's this week economics news quiz! The quiz has 8 multi-choice questions about news events relating to economics from the previous 7 days. Most of the questions relate to the UK economy but some...
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22 Nov 2024
Data Starter: Impact of HPV vaccine on cervical cancer rates in England
How successful has the HPV vaccine been in England?
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21 Nov 2024
Working but Poor: Why UK Families Struggle Amid Record Poverty
In 2024, the UK's poverty rates have reached their highest levels since the turn of the century, marking a distressing milestone for one of Europe’s largest economies. According to a new report...
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21 Nov 2024
Search and Destroy? How Google’s Monopoly Faces a Legal Overhaul
If you’ve ever Googled anything (and chances are you have), you’ve participated in a market dominated by one of the most powerful companies in the world. Google handles an eye-popping 90% of global...
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21 Nov 2024
In the News Teaching Activity – what impact has the increase in employer NICs and NMW had on Pizza Hut’s profits? (Nov 2024)
Pizza Hut is trying to find ways of adjusting to the higher employer National Insurance Contributions and the higher NMW it needs to pay after the Budget.
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20 Nov 2024
Pint-Sized Price Surge: Why Your Pub Drinks May Soon Cost More During Peak Hours
Picture this: It’s 9:59 p.m. at O’Neill’s pub on London’s Wardour Street. You glance at your £7.40 pint of Brewdog IPA, wondering if a sip at 10:01 p.m. is worth £2 more. Welcome to surge...
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20 Nov 2024
Inflation’s Second Wind: How Energy Costs Are Heating Up the UK Economy
Inflation is back on the radar, and the culprit is as familiar as a cold winter night: energy costs. With UK inflation rising to 2.3% in October, up from 1.7% in September, households and...
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20 Nov 2024
Delhi’s Deadly Air: A Breathless Economy Suffocates Under the Weight of Negative Externalities
Thick smog blankets Delhi - India’s capital - trapping millions in a toxic haze of particulate matter, dust, and noxious gases. At first glance, this might seem like a purely environmental issue....
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19 Nov 2024
Raising the Bar on Poverty: Why the World Bank’s New Definition Matters
For decades, the global fight against extreme poverty has often been distilled into a simple benchmark: a dollar-a-day. Back in 1990, this metric was used by the World Bank to measure extreme...
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19 Nov 2024
Asos accused of rewarding ‘spectacular failure’ as CEO gets £300k rise
Executive pay is in the spotlight again, with the news that despite the slump in Asos' share price, its Chief Executive is going to get a 44% pay rise, despite its share price having fallen by 60%...
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19 Nov 2024
Data Starter: UK’s exchange rate
What has been happening to the UK's exchange rate in recent years?
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18 Nov 2024
Base Rates Drop, But Your Mortgage Won't: The Economics Behind the Paradox
If you’ve been keeping a close eye on interest rates lately, you might be scratching your head at a perplexing reality: even as the Bank of England cuts its base interest rate, mortgage costs have...
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18 Nov 2024
In the News Teaching Activity – how could the US election outcome affect living standards in the UK? (Nov 2024)
According to the NIESR, the Trump victory in the USA may spell bad news for the UK economy.
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17 Nov 2024
Lessons for Growth: Why Schooling Africa's Youth Can Double GDP
Nelson Mandela said it best: “Education is the most powerful weapon which you can use to change the world.” And when it comes to battling poverty, especially in Sub-Saharan Africa, he was spot on....
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