Blog and updates
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8 Apr 2023
Does the UK economy need a steel industry in the UK anymore?
An excellent 12 minute video here on the future for the UK steel industry. It is not clear that the UK any longer has a competitive advantage in steel. But might the UK become the first modern...
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7 Apr 2023
Easter Economics Revision Sessions on the tutor2u You Tube Channel
We've had an super-busy week on the tutor2u YouTube channel with five separate live revision sessions totalling 200 minutes of group work on some key topics. The quality of answers produced by the...
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6 Apr 2023
Gender Pay Gap - Men earn more than women in most jobs
The median pay gap in most UK firms has stayed stubbornly consistent at around 9%, and hasn't fallen since 2017/18 when the data was first published, suggesting that the gender pay gap has scarcely...
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6 Apr 2023
Digital Services Tax - Are Tech Companies Avoiding It?
The Public Accounts Committee and the National Audit Office are both slightly concerned about the effects of the Digital Services Tax (DST) with measure generating 30% more tax revenue than was...
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4 Apr 2023
Norway's Salmon Tax - A Leap towards Sustainability?
Interesting news from Norway, where the government are pressing forward with a so-called salmon tax. The move is in response to the large profits made by this important sector of industry, and the...
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4 Apr 2023
Nigel Lawson
The former Chancellor of the Exchequer, Nigel Lawson has died aged 91. He was undoubtedly one of the most significant ministers to serve under Margaret Thatcher between the years 1981 to 1989...
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4 Apr 2023
60 Second Shorts on Key Economic Concepts
As many students enter full-on revision mode, we are producing a series of 60-second video shorts walking through many important economic concepts.
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3 Apr 2023
External Debt - China's loans to Africa worry World Bank
The President of the World Bank, David Malpass, has voiced his concerns about the nature of Chinese lending to Africa, highlighting loans to Zambia and Ghana, in particular.
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3 Apr 2023
Live Revision Sessions for A-Level and IB Economics
Over the Easter break, we are running free daily revision livestreams for all Year 13 A-Level Economics students.
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2 Apr 2023
UK signs membership of CPTPP - but will it drive faster growth?
The UK has been admitted to the The Comprehensive and Progressive Agreement for Trans-Pacific Partnership - or CPTPP. It's a trading bloc established in 2018, and focused on the Asia-Pacific region.
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31 Mar 2023
Manchester introduces £1 a night tourist tax
Manchester has become the first city in the UK to impose an explicit tourist tax - hoping to raise around £3m revenue per year. Many European cities already do this, and it's not seen as unusual....
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31 Mar 2023
Deindustrialisation in the UK - UK car industry under threat
An established player in the UK car industry has suggested that the UK is on the point of entering the last chance saloon as far as its car industry is concerned.
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31 Mar 2023
Dynamic efficiency and sustainability - Can Pineapple Skins Replace Soap?
Dynamic efficiency in action! Is the future of detergents going to be via enzymes from fermented fruit,? If it is, to what extent will it help overcome the threat of detergent pollution creating...
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31 Mar 2023
World Bank chief calls for hike in funding to help developing world
The outgoing head of the World Bank, David Malpass, has marked his departure by calling for a substantial increase in funding to help developing economies deal with the conjunction of war, the...
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29 Mar 2023
UK set to join Asia-Pacific Trade Bloc
The Financial Times is reporting that the UK is in the final stages of agreeing to join the 11-member Asia-Pacific trade bloc.
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29 Mar 2023
De-merit goods - should the government toughen gambling laws?
I've been looking at demerit goods with my Year 12 classes this week, and we've touched on the negative externalities that are generated by problem gambling. This Rob Davies article is an...
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28 Mar 2023
High inflation and shoe leather costs
Every now and again you get an article that perfectly encapsulates a little bit of economic theory. This is one.
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28 Mar 2023
Economic Development - China spent $240bn on belt and road bailouts from 2008 to 2021
This article looks at the role of China in financing infrastructure projects in the developing world, as part of its Belt and Road programme. What is interesting is the fact that this isn't about...
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27 Mar 2023
Revision Special - What 3 Words for Great Evaluation!
In this short video we walk through three words - all starting with the letter E - that, when used well, can be a powerful ally to students when building evaluation in their economics exam answers!
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27 Mar 2023
UK Economy - Does a rising current account deficit matter?
The UK's external trade accounts are looking quite poorly at the moment. The latest forecast is a current account deficit of over £150 billion in 2023 which would be above 6% of the UK's GDP. To...
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