Blog and updates
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1 Dec 2024
The Changing Economics of the Motor Industry
There is heaps happening in the motor industry at present. Here is a selection of news items!
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29 Nov 2024
Shocks and Shields: How Resilient Is the UK Financial System in 2024?
The Bank of England’s latest Financial Stability Report (November 2024) serves as a masterclass in understanding the delicate balancing act of safeguarding a nation’s economy. Beneath its...
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29 Nov 2024
Data Starter: Oil production
Which countries have produced the most oil in recent years?
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29 Nov 2024
Economics Weekly Quiz | 29 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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28 Nov 2024
Navigating the Crossroads: UK Economy Outlook 2024 and Beyond
In a new video, Geoff discusses some of the key data on the UK economy in the aftermath of the October 2024 Budget and the election of Trump as US President. Can the UK economy break out of a...
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28 Nov 2024
In the News Teaching Activity – rising chocolate demand boosts Indian cocoa bean industry (Nov 2024)
Rising demand for Indian cocoa beans is transforming agriculture and boosting local production.
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27 Nov 2024
Why Just Eat is Leaving the London Stock Exchange: Costs, Competition, and Complexities
When a household name like Just Eat Takeaway announces it’s delisting from the London Stock Exchange (LSE), the story isn’t just about one company—it’s a lens into broader economic themes. What...
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27 Nov 2024
The Economics of Loyalty Pricing: Are Discounts Worth the Data?
Supermarket loyalty pricing, where members pay less than non-members for certain products, is becoming ubiquitous in the UK, accounting for a whopping £5 billion in revenue over just three months...
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26 Nov 2024
Vauxhall’s Luton Closure: What It Means for the Economy and the Race to Net Zero
The rumble of engines at Vauxhall’s historic Luton van factory will soon fall silent. Stellantis, its parent company, has announced plans to close the site in April 2025, putting 1,100 jobs at...
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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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