Blog and updates
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24 Sept 2024
UK Fuel Prices Tumble: What’s Behind the Biggest Drop of the Year?
The recent sharp drop in petrol and diesel prices across the UK is offering some relief to drivers, with families now paying around £4 less to fill up their cars than they did just a month ago....
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23 Sept 2024
In the News Teaching Activity – inflation remains at 2.2% but core inflation is up (Sept 2024)
Why has consumer price inflation stayed just above target at 2.2%?
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21 Sept 2024
How New UK Packaging Taxes Could Affect Prices and Recycling Efforts
A new packaging tax aimed at funding recycling in the UK has sparked concerns among businesses, particularly in industries that rely on glass packaging. The Extended Producer Responsibility (EPR)...
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20 Sept 2024
How Budget Anxiety is Shaping the UK Economic Landscape
The latest GfK Confidence Index, a barometer of consumer confidence, doesn't make for great reading, suggesting that there's been a substantial fall in consumer confidence pre-Budget. This implies...
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20 Sept 2024
UK Debt Soars to 100% of GDP: What Does It Mean for the Economy and Future Generations?
For the first time since the 1960s, UK national debt has hit 100% of GDP. That's right, the amount the UK owes is now equal to the entire value of the goods and services the country produces in a...
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20 Sept 2024
Economics Weekly Quiz | 20 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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19 Sept 2024
In the News Teaching Activity – 6000 jobs lost in oil & steel industries (Sept 2024)
Trade unions are hoping the government will invest to limit job losses in oil and steel.
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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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