Blog and updates
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24 Mar 2024
Poverty Deepening in Modern Britain
Next month sees the 25th anniversary of the introduction of the National Minimum Wage, although it's now called the National Living Wage, and this article looks at what it's achieved.
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22 Mar 2024
Economics Weekly Quiz | 22 March 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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21 Mar 2024
In the News Teaching Activity – are pet owners being ripped off at the vets? (Mar 2024)
The Competition and Markets Authority (CMA) is launching an investigation to the pet medicine pricing practices, particularly those owned by big corporations because it looks as if pet owners are...
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19 Mar 2024
End of an Era - Japan Moves away from Negative Interest Rates
A historic moment: for the first time since 2007, Japan has raised monetary policy interest rates and they're no longer negative. Rates have gone from -0.1% to between 0.0 and 0.1% in response to a...
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18 Mar 2024
In the News Teaching Activity – how can the UK’s lacklustre productivity growth be improved? (Mar 2024)
The Economics Observatory considers how to increase UK productivity growth so that wages and living standards can grow more quickly. The article argues that a ‘long-term strategy’ is needed to...
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18 Mar 2024
CMA to investigate UK house-builder merger
The Competition and Markets Authority are looking into the proposed £2.5bn Barratt takeover of Redrow, concerned about the impact that it's going to have on an already fairly concentrated sector.
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17 Mar 2024
Aiming for A-A* Economics 2024 - Live Daily Revision
Starting next Monday (25th March), we will be running daily revision livestreams for A-Level and IB Economics students. Our main focus is for students pushing towards the top grades.
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17 Mar 2024
What does an increase in ’economically inactive’ people do to the UK economy?
This BBC clip looks at the rise in economic inactivity in the UK and its implications for the macroeconomy as a whole. It looks at exactly who these people are - students, carers, the retired and...
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17 Mar 2024
Joint Ventures - Honda and Nissan join forces on electric car technologies
Honda and Nissan have launched a joint venture to share electric car technology, such as components and software, and try to halt the seemingly unstoppable rise of Chinese competitors, backed by...
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15 Mar 2024
Is carbon offsetting a sham?
Is the notion of carbon offsetting a sham? This Guardian investigation seems to suggest so. One such project, the Kariba Project in Zimbabwe, appears to have generated 100m euros, largely for the...
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15 Mar 2024
Economies of Scale at Papa Johns
A lovely short video that deals with production methods, economies of scale and innovation, and so is equally applicable to here. It shows how mechanisation allows Papa Johns to produce its dough...
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15 Mar 2024
Economics Weekly Quiz | 15 March 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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14 Mar 2024
Deflation hits the Chinese Economy
The news that Chinese consumer prices have fallen by 0.8%, the fastest rate in 15 years is worrying news, and implies that the economy has entered a deflationary period, with large falls in food...
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14 Mar 2024
West Yorkshire nationalises bus services
The renationalisation of bus services continues, with buses in West Yorkshire being brought under public control by the region's mayor. It seems as though, the experiment with privatisation is...
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14 Mar 2024
Morrisons makes £1 billion loss!
Morrisons plunged to a £1billion loss last year after a surge in debt interest payments linked to its private equity takeover. The business has been hit by a revenue squeeze and spiralling interest...
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14 Mar 2024
Edexcel Economics Paper 3 (2024) | 25-Marker Tips
In this revision video Geoff walks through a suggested answer for a 25-mark question on EdExcel Paper 3. The topic chosen is the UK housing supply shortage which is an ideal synoptic issue since it...
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14 Mar 2024
2024 Human Development Report Published
This video looks at the latest rankings published in the 2024 Human Development Report. You can also download the accompanying powerpoint.
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14 Mar 2024
In the News Teaching Activity – Nationwide is planning to takeover Virgin Money (Mar 2024)
The Nationwide building society is looking set to take over Virgin Money, ensuring that the Nationwide remains the second largest mortgage lender in the UK. Nationwide could become an even stronger...
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13 Mar 2024
Manufacturing Coming Home - The Economics of Re-Shoring
This is a really good article from the BBC about reshoring and the factors that are currently driving it: higher wages in previously low-wage economies, a desire to get things quicker, the risks...
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13 Mar 2024
Economics Update Magazine: Spring/Summer 2024 Issue 5
Issue 5 of A-Level Economics Update Magazine provides essential updates on exam technique, economic data and enrichment articles for all A-Level Economics students.
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