Blog and updates
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18 Sept 2024
Federal Reserve’s Interest Rate Cut: What It Means for the US Economy
On Wednesday, the U.S. Federal Reserve made headlines by cutting its benchmark interest rate by half a percentage point. This marks the first rate reduction in over four years and signals the...
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17 Sept 2024
From Piccadilly to New Delhi: The Rise of Pret A Manger as a Global Giant
An important landmark for one of the UK's iconic coffee and sandwich chains. In 2023, Pret’s global sales rose to £1.1 billion, up 20% from the previous year, driven by rapid growth in non-UK...
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17 Sept 2024
Data Starter: Corporation tax
Which industries contribute the most to Corporation Tax revenue?
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16 Sept 2024
The Rise of the British Blueberry Boom
Changing consumer tastes, undoubtedly, but there's also a little insight here into the monopsony power of supermarkets, who, fruit growers claim, are driving down the price they offer for...
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16 Sept 2024
In the News Teaching Activity – the online gambling industry’s impact on the economy (Sept 2024)
Should the online gambling industry be taxed more heavily?
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16 Sept 2024
China's Retirement Age Reform: Addressing an Aging Population and Pension Crisis
China is at a crossroads. With one of the fastest-aging populations in the world and a pension system on the brink of insolvency, the country faces significant economic and social challenges. In...
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15 Sept 2024
Black Wednesday: A Turning Point in British Economic History
A bit of economic history for you here from William Keegan, who looks back to Black Wednesday, which occurred 32 years ago today. It covers the decision to join and subsequently leave the Exchange...
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14 Sept 2024
Tackling Childhood Obesity: A Bold Step Forward with Junk Food Ad Bans
Starting October 1, 2025, the UK government will enforce a new ban on junk food advertisements before 9:00 PM on television, along with a complete ban on paid-for online ads for unhealthy foods....
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13 Sept 2024
Economics Weekly Quiz | 13 September 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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12 Sept 2024
The Looming UK Debt Crisis: A Challenge for Future Generations
The UK is facing a daunting economic challenge: the prospect of its national debt potentially tripling to 274% of GDP by the mid-2070s. This stark warning comes from the Office for Budget...
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12 Sept 2024
Britain’s High Streets: A Crisis or an Opportunity?
According to research from accountancy firm PwC, an average of 18 chemists, 16 pubs, and nine banks shut down every week between January and June 2024. This trend is not new; it reflects a broader,...
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12 Sept 2024
In the News Teaching Activity – the social benefits of libraries (Sept 2024)
Should councils be cutting library services?
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11 Sept 2024
The EU vs. Big Tech: A New Era of Accountability?
In a dramatic series of legal battles, the European Court of Justice (ECJ) and the European Commission have sent a strong message to tech giants like Apple and Google: no one is above the law,...
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9 Sept 2024
Aldi's Premium Pivot: A Case Study in Income Elasticity and Market Adaptation
Aldi has become a standout name in the UK grocery market, known for its affordable pricing and streamlined operations. However, recent shifts in consumer behaviour and economic conditions have...
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9 Sept 2024
Oil Prices Slump Amid Uncertain Market Dynamics: What’s Happening and Why It Matters
Oil markets have been turbulent lately, with U.S. crude prices hitting their lowest levels since June 2023. This decline, driven by a complex web of supply and demand issues, marks the worst week...
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9 Sept 2024
The UK's Bond Market: A Beacon for Investors
The United Kingdom continues to be one of the most attractive investment destinations for those seeking stability, as demonstrated by a recent auction of government bonds that was more than ten...
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9 Sept 2024
In the News Teaching Activity – Oasis tickets & surge pricing (Sept 2024)
Is it fair on music fans for ticket prices to surge during periods of high demand?
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7 Sept 2024
Ireland’s Budget Conundrum: A Surplus of Opportunities or Missed Chances?
Ireland’s current fiscal landscape presents a unique dilemma: what to do with an enviable budget surplus amidst robust economic growth? With an €8.6 billion surplus and an economy growing five...
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