Blog and updates
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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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17 Nov 2024
From Fries to Fiscal Crisis: The Economic Toll of the UK’s Junk Food Addiction
Britain’s unhealthy eating habits are leaving a devastating mark on public finances. According to a startling new report by the Food, Farming and Countryside Commission (FFCC), the UK’s love affair...
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16 Nov 2024
Brew-tally Tough Times: Typhoo Tea Battles Debt and Shifts in British Drinking Habits
In the quaint world of British tea drinking, the scent of change has been brewing for some time—and Typhoo Tea, founded in 1903, now finds itself on the wrong side of history. The 121-year-old...
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15 Nov 2024
Economics Weekly Quiz | 15 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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15 Nov 2024
Data Starter: Battery capacity
Which countries have made most progress building up their battery capacity?
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14 Nov 2024
Economics A Level Microeconomics Key Term Glossaries
Just launched - free, downloadable Key Term Glossaries for AQA A level Economics! Here are the links for these free resources:
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14 Nov 2024
In the News Teaching Activity – the CMA has potentially approved a merger between Vodaphone and Three (Nov 2024)
The UK’s Competition and Markets Authority signalled potential approval for Vodafone and Three’s £15 billion merger, contingent on commitments to infrastructure investment and consumer protection.
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13 Nov 2024
From Wind to Wings: Dale Vince's Quest for a Zero-Emission Future
In the ever-evolving quest to reduce humanity’s carbon footprint, Dale Vince, a name synonymous with green energy, is setting his sights on the skies. Through Ecojet, Vince hopes to launch the...
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12 Nov 2024
Taramasalata supply dip creates panic among discerning consumers
In what may seem like a small culinary crisis, the humble yet beloved taramasalata has become the unlikely focal point of a much broader economic saga. A nationwide shortage of this distinctive...
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12 Nov 2024
Un-bottling the Baby Formula Market: Why Competition Matters for Families
The rising costs of baby formula in the UK have left many parents feeling squeezed, and now, a government watchdog is sounding the alarm. The Competition and Markets Authority (CMA) has recommended...
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12 Nov 2024
Data Starter: G7 GDP growth comparisons
How does the UK's growth compared to the G7 countries?
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11 Nov 2024
Counting the Cost: How Extreme Weather Became a $2 Trillion Economic Storm
The numbers are staggering: $2 trillion in global economic losses from extreme weather over the past decade. As diplomats converge for the COP29 climate summit in Baku, this stark figure serves as...
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