Blog and updates
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26 Jun 2023
King’s (Cambridge) Entrepreneurship Lab Essay Competition
We are delighted to support the announcement from the Entrepreneurship Lab at King's Cambridge of a terrific new essay competition.
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23 Jun 2023
Monetary squeeze continues as BoE raises base rates to 5%
The Bank of England has raised base interest rates by 0.5% to 5%, the highest for fifteen years. The move has been trailed as a pre-emptive move meaning that the Bank hope that such a step will...
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21 Jun 2023
Should low income countries be offered 'debt for climate swaps'?
A complicated issue to unpick but the head of the IMF, Kristina Georgieva has called for so-called 'debt for climate swaps' to be offered to developing economies to allow them to overcome the...
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20 Jun 2023
Oligopoly Pricing - Morrisons and M&S follow rivals to cut food prices
Classic oligopoly theory - with Morrisons and Marks and Spencer cutting the price of basic items in response to similar cuts by Tesco, Sainsburys and Aldi.
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20 Jun 2023
Under-investment risks a growth "doom loop" for the UK Economy
The Institute for Public Policy arguably sums up the last 40 years: £500bn plus under-investment has resulted in low growth. It argues that British investment is the lowest in the G7 and 27th out...
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19 Jun 2023
How bad will the looming mortgage crisis be?
Larry Elliott looks at the implications of higher mortgage interest rates both for mortgage borrowers and for the wider macroeconomy. He suggests that with interest rates being so high the...
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14 Jun 2023
Horizontal Integration - Mega Merger in UK Telecoms
News of a proposed mega-merger in the telecoms sector, with Vodafone and Three looking to merge, and in doing so, create the UK's largest mobile phone firm. The combined firm would have 27 million...
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13 Jun 2023
Stagflation - How labour shortages are causing rising prices and interest rates
With the latest labour market data today, it seems self-evident that monetary policy is going to be tightened again, meaning higher interest rates going forward and bad news for mortgage borrowers...
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13 Jun 2023
CMA warns against supermarket use of land banks
The Competition and Markets Authority was warned Sainsbury's And Asda about their future conduct in relation to the creation of land banks, and using land as a way of stopping rivals entering a...
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9 Jun 2023
Will the UK Energy Windfall Tax be suspended?
With energy prices falling, it seems as though the government are on the point of suspending the recently introduced windfall tax. The higher rate windfall tax was introduced last year in response...
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9 Jun 2023
Purchasing Power - How UK prices compare to five EU countries
This BBC article compares the price of basic items in supermarkets, trying to see how British prices compare with those on the continent. It highlights the facts that some goods are more expensive...
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6 Jun 2023
Monopsony Power - Fast Fashion Brands Squeeze Supplier
Are fashion brands exploiting monopsony power in relation to their supplier by forcing them to cut prices for brands such as Boohoo, Missguided and the Frasers Group, the owners of Sports Direct?
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6 Jun 2023
Why does the UK have the highest inflation in G7?
This excellent Newsnight video from Ben Chu looks at why British inflation exceeds those of any other G7 country, with core inflation still 6.8% and still rising. So what factors contribute to this...
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5 Jun 2023
Revision Kahoots for Micro and Macroeconomics - June 2023
As we return from a sunny half term break, my thoughts have turned to our Year 12 internal exams. As preparation, I have curated two Kahoot quizzes, each with 30 past paper questions. One for micro...
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5 Jun 2023
UBI Trial to start in England
A think-tank, Autonomy, is trialling a Universal Basic Income, with 30 people getting £1,600 a month for two years, and being followed by researchers. The scheme is going to cost £1.15 million with...
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5 Jun 2023
Why falling prices for craft beers are squeezing firms out of the industry
This is a fascinating, and potentially complex chance for students to look at costs and revenues in the craft brewing sector, with an increased supply of beer, and increasingly cost-sensitive...
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2 Jun 2023
A-Level Economics Exam Entries Surge 7% in 2023
The rapid growth in A-Level Economics continues! Once again Economics is one of the fastest growing subjects at A-level.
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