Blog and updates
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19 Apr 2024
Economics Weekly Quiz | 19 April 2024
Here's our weekly economics news quiz covering stories from the UK and global economic events of the passed 7 days.
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18 Apr 2024
In the News Teaching Activity – what is happening to the UK’s international trade? (Apr 2024)
As this year’s exam session approaches, the news often covers growth, unemployment and inflation, but neglects to tell us much about international trade. Post-Brexit, the Government has promoted an...
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17 Apr 2024
King’s Entrepreneurship Lab Essay Competition 2024 is launched!
We are delighted to support the launch of the 2nd King’s Entrepreneurship Lab Essay Competition 2024 - this is a superb initiative that encourages UK-based school students (in Year 11 and Year 12,...
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16 Apr 2024
SuperDry may quit the London Stock Exchange in rescue plan
Business economics gold dust! SuperDry - the pseudo-Japanese, but actually founded in Cheltenham fashion company - is thinking of leaving the London Stock Exchange - and in doing so converting from...
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16 Apr 2024
AQA A-Level Economics - Knowledge Organiser Packs and Exam Topic Trackers
We have completed the 2023-24 editions of the fabulous free-to-download AQA A-Level Economics - Knowledge Organiser Packs. Click the link below to access them!
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16 Apr 2024
Bank of England needs to change their inflation forecasting model
Criticism of the forecasting techniques of the Bank of England has come in an independent report into its operation, courtesy of the former Chair of the Federal Reserve, Ben Bernanke. Not only has...
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16 Apr 2024
Tesla announces a 10% cut in their workforce
Tesla has announced 14,000 redundancies, arguing that it needs to reduce costs to remain competitive in a sector where Chinese companies are increasingly significant players.
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16 Apr 2024
Thames Water has six weeks to complete a s survival plan
The fate of Thames Water hangs in the balance, with the company on the brink of bankruptcy, it seems. It also looks likely to be the case that any restructuring of the company is not going to be...
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15 Apr 2024
In the News Teaching Activity – is the price of getting your nails done going to rise? (Apr 2024)
Nail technicians earn a measly £7 an hour for their work, well below the minimum wage, so they have tried to unite to push their prices up last week.
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12 Apr 2024
Economics Weekly Quiz | 12 April 2024
Here's our weekly economics news quiz covering stories from the UK and global economic events of the passed 7 days.
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7 Apr 2024
Game Theory meets Monopolistic Competition: Nail Technicians raise prices together!
This is a fascinating article about how nail technicians are responding to the rising cost of living by collaborating to increase the price that they charge. Many of them appear to be earning under...
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6 Apr 2024
Thames Water - Nearing Collapse?
The fate of Thames Water hangs in the balance with its parent company, Kemble, having announced that they are going to default on the interest payment on a loan on Monday and will be unable to...
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1 Apr 2024
UK Minimum Wage Climbs to £11.44/hour - Good for the Economy?
On 1 April 2024, the UK's National Minimum Wage (to apply to workers aged 21 and over) rises by 9.8% to £11.44 per hour. Torsten Bell at the Resolution Foundation has called the introduction of the...
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28 Mar 2024
In the News Teaching Activity – Unilever are planning to sell off Ben and Jerry’s ice cream (Mar 2024)
Unilever, the global leader in consumer goods, producing brands, such as Dove, Hellman’s, PG Tips and Domestos, has announced job cuts and an ice-cream sell-off in its strategic restructuring plan.
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27 Mar 2024
In Memoriam - Daniel Kahneman - A Founding Father of Behavioural Economics
Daniel Kahneman, the Israeli-American Nobel-Prize winning psychologist and economist, has passed away at the age of 90. His work has transformed our understanding of human behaviour and, from a...
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27 Mar 2024
Is the Minimum Wage one of the most successful UK economic policies?
The Resolution Foundation has released a study to mark the 25th anniversary of the National Minimum Wage - now called the National Living Wage - and concludes that it's one of the most successful...
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25 Mar 2024
Nissan aims to cut cost of making electric cars by nearly a third by 2030
Nissan has announced that, in the face of intense Chinese competition, they are going to reduce the cost of manufacturing electric cars by 30%. They think that greater concentration on EVs, battery...
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25 Mar 2024
Edexcel (A) Theme 4 Knowledge Organiser Pack 1
Here is the link to the 1st of 2 knowledge organiser packs for Theme 4. It covers globalisation, trade and protectionism, exchange rates, international competitiveness, and poverty/inequality. This...
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25 Mar 2024
Legoland to trial Surge Pricing
You wait a while for one example of surge pricing to come along, and like London buses, along comes a second too. This time, it's tourist attraction owner Merlin Entertainment is planning to adopt...
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25 Mar 2024
In the News Teaching Activity – why are Easter egg prices higher? (Mar 2024)
A heatwave in Western Africa, where many of the world’s cocoa beans are produced, is pushing up the prices of chocolate Easter eggs this year.
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