Blog and updates
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26 Apr 2024
Are the costs of developing a new drug as high as many pharma corporations argue?
A Médecins Sans Frontières clinical trial to develop a treatment for drug-resistant tuberculosis cost less than £30m, leading some to question the cost of such trials for pharmaceutical companies -...
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26 Apr 2024
Venice introduces peak-time tourist tax for access to the city
Venice becomes first city to charge tourist entry fee. Day-trippers are now required to pay €5 for access. It's purpose is to internalise the negative externalities arising from over-tourism, which...
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26 Apr 2024
Economics Weekly Quiz | 26 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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25 Apr 2024
In the News Teaching Activity – how could funding cuts affect museums ? (Apr 2024)
The national museums in Wales have a significant shortfall in funding and may have to shed workers or, in the worst-case scenario, shut altogether.
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24 Apr 2024
How robots are taking over warehouse work
Here is an article that highlights innovation in retail, with the increased automation highlighting that capital and labour are substitutes in some senses, but also complements in others, in that...
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23 Apr 2024
Britain's Post-Brexit Trade Shifts Further Towards Services
Is Brexit accelerating the shift in UK trade towards services rather than goods? New data published by the ONS on UK trade shows that UK export growth has become increasingly dominated by services...
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23 Apr 2024
Surge in Chinese FDI into the Mexican Economy
This BBC article looks at the rapid growth of Chinese FDI into Mexico which - in part - is being driven by Chinese manufacturing firms wanting to by-pass US import tariffs and trade sanctions. It...
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22 Apr 2024
In the News Teaching Activity – what does the latest data tell us about the state of the UK macroeconomy? (Apr 2024)
For students heading into exams, it is always good to know the latest information about growth, unemployment and inflation. All three indicators were updated by the ONS last week.
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21 Apr 2024
New social science blog is launched - welcome to Pragmat!
Warmest congratulations to the student team at Pragmat for a successful launch. I've always encouraged students to build and curate their own narrative and Pragmat seems set fair for great things...
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21 Apr 2024
Girl Economics is Thriving!
Girl Economics is a vibrant daily newsletter that send to your inbox advice, insights, and inspiration from incredible women who work in the worlds of economics, finance, business, and politics.
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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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