Blog and updates
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11 Jan 2024
In the News Teaching Activity – Is it time for the UK to build more flood defences? (Jan 2024)
It has been a miserable start to 2024 for many people as their homes have been badly flooded, travel has been disrupted and conditions have been dangerous. Many will be asking for more flood...
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10 Jan 2024
James Meadway - Thinking differently about climate breakdown
The article looks at how economist James Meadway, and his Macrodose podcast are looking at the negative externalities of climate change and extreme weather events through a more inclusive lens.
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9 Jan 2024
Government Economic Service Summer Scheme for 2024
There is just under a fortnight left to apply if you would like to bid for a place on the Summer Scheme run by the Government Economic Service.
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9 Jan 2024
Norway votes for deep-sea mining
This article looks at the controversial topic of deep-sea mining and the potential negative externalities that are associated with it.
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9 Jan 2024
UK Economy - Electric Car Charging Infrastructure Lags Behind
This BBC article looks at the fact that the move to electric cars is going to require a charging network and the various options available, from rapid charging points, to lamppost charging points...
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9 Jan 2024
UK Economy - The Borrowing for Investment Debate
Carsten Jung writes here in the Guardian about the need for increased investment in the UK, not least public sector investment, and suggests that the Labour Party's commitment to a £28bn a year on...
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8 Jan 2024
Who is Britain's Best Paid Boss?
The answer is Denise Coates, Managing Director and Co-Founder of Bet365. In the year to March 2023, Coates was paid about £221 million. The founder also took at least £50 million in dividends...
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8 Jan 2024
How big is E-commerce in the UK economy?
A quick primer on the continued growth of e-commerce in the UK. In November 2023, internet sales accounted for nearly 27 percent of all retail sales in Great Britain. But the internet accounts for...
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8 Jan 2024
In the News Teaching Activity – could higher pay help stem the problem with retaining doctors in the NHS? (Jan 2024)
Junior doctors are striking for six days, the longest ever time this January – they are demanding higher pay. Is there a problem with the supply of labour by doctors to the NHS that better pay can...
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7 Jan 2024
Number of UK businesses going bust rises 52% in two years
The environment for small business appears to be markedly worse this year than it was two years ago, with a 52% rise in insolvencies since 2021, attributed in large part to COVID and Brexit.
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7 Jan 2024
How China's BYD Overtook Tesla
This is a fascinating insight into the rise of BYD, and how collaboration between the firm and the Chinese government have allowed it to overtake Tesla.
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5 Jan 2024
African Economy in Focus - Five Topical News Stories
Here are five recent news stories on the African economy - great for adding application to your study notes if you are revising economic growth and development on the African continent.
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5 Jan 2024
10% surge in CEO pay during 2023
By 1pm on Thursday 4th January, median FTSE 100 CEO’s earnings for 2024 will surpass the median annual salary for a full-time worker in the UK. Median FTSE 100 CEO pay (excluding pension) now...
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5 Jan 2024
Why do businesses use flash sales?
Many businesses use flash sales as a pricing technique. Flash sales uses dynamic pricing to fill off-peak capacity and generate extra revenue to help cover fixed costs and improve profitability.
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5 Jan 2024
Why is the German economy struggling?
As a 50-year old economist, it seems odd to be writing that Germany is the "sick man of Europe" but it seems that this is where we are. The German economy is growing at a slower rate than the UK,...
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5 Jan 2024
Economics Weekly Quiz | 05 January 2024
Happy New Year! Here's our first weekly economics news quiz of 2024.
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4 Jan 2024
In the News Teaching Activity –the UK macroeconomy 2023 highlights (Jan 2024)
Ed Conway, the Sky News economics correspondent considers whether 2023 was a good or bad year for the UK economy.
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2 Jan 2024
Why Discount Grocers Thrive in the UK Supermarket Landscape
Aldi and Lidl continue to enjoy rapid sales growth in the UK as price-conscious consumers look for better value alternatives. Their climbing market share - driven by numerous new store openings -...
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1 Jan 2024
UK Macro Topics for the 2024 Economics Exams
Here is a recording of my YouTube video looking at ten key macro topic issues that might well feature in the 2024 Economics Exam series. Lots going on in the macroeconomy at the moment - please...
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1 Jan 2024
A Quick Primer on Sticky Wages
A quick primer on the concept of sticky wages - a Keynesian idea - which has become important during the cost of living crisis. Less than 25% of people in work are members of a trade union....
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