Blog and updates
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19 Jan 2023
Spring 2023 Economics Revision Livestreams are launched
Our weekly revision livestreams start on Wednesday 25th January commencing 6.30pm (GMT). Please do join Jon, Pete, Nicky, Penny, Lisa and Geoff for fast-paced revision sessions on key A-Level and...
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19 Jan 2023
Warburtons battles soaring cost-push inflation
The cost of living crisis, a well-known bakers and a consideration of costs. Those studying Economics in Year 13 should, by now by aware of the importance of costs in determining price and quantity...
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19 Jan 2023
Calls for Social Tariffs mount when energy price support ends
A number charities and non-profit organisations are calling for the government to maintain its intervention in the energy market after April for those on the lowest incomes by offering a social...
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19 Jan 2023
Sri Lankan Debt Crisis Update
Sri Lanka's turmoil continues with the government choosing to defer the salaries of certain state sector employees (presumably not their own) due to the financial situation, and all ministries - of...
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17 Jan 2023
China's population falls for first time since 1961
Will China grow old before she grows rich? For the first time in sixty years and largely due to a steep decline in the birth rate, China's population declined in 2022. The population fell by...
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17 Jan 2023
A crisis for Labour as real wages drop and working poverty climbs
Some interesting articles have appeared in recent days about the squeeze on real wages and the growing incidence of working poverty.
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17 Jan 2023
Does the UK need a wealth tax on millionaires and billionaires?
The Guardian makes the case here for a wealth tax arguing that currently the four richest people in Britain own more wealth than 20 million of their compatriots.
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15 Jan 2023
Price elasticity of demand - Tesla cuts prices by up to a fifth to boost demand
Will the decision by Tesla to cut prices by more than 10% in the UK and up to 20% across Europe lead to a significant expansion of demand? This is a perfect short case study in price elasticity of...
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15 Jan 2023
The True Cost of our Obsession with Superfoods
Business Insider looks at so-called 'superfoods' in this half hour clip looking at how the production of three commodities - açaí,, avocado and durian fruit - are not as straightforward as they...
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13 Jan 2023
The Energy Crisis - What can 1973 teach us?
In this brilliant short video, the Economist looks at the impact of the war in the Ukraine on global energy markets seeking to draw parallels between this and the OPEC oil price shocks of 40 years...
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13 Jan 2023
Sri Lanka caught in dance between rival geopolitical powers
A fantastic clip from BBC Newsnight looking at the fate of Sri Lanka in the wake of the debt crisis and the call for debt restructuring to enable Sri Lanka, as well as looking at the role of China...
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13 Jan 2023
UCAS set to replace personal statements from 2024
The university application landscape seems set for reform according to reports this morning. UCAS wants to replace a unified personal statement with a series of six questions. Admissions service...
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11 Jan 2023
Renewables - Could floating solar farms survive out at sea?
Innovation in renewable energy is featured here with engineers looking at whether floating solar farms are feasible. If they are, then it would seem to be a logical solution to providing power for...
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11 Jan 2023
BioNTech acquires UK AI business InstaDeep
Here is a fascinating example of external growth – what type of integration is occurring?
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11 Jan 2023
Global recession warning from the World Bank
Are we perilously close to a global recession? Well, the World Bank is worried to the extent that it has downgraded its growth forecast for 2023 to 1.7% and a result of the ongoing effects of the...
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10 Jan 2023
Atom Valley: Burnham’s vision for regenerating Greater Manchester
Regional inequality, levelling up, the Northern Powerhouse - call it what you will, but the last 12 years plus of Conservative government have produced lots of slogans but little progress. And I've...
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10 Jan 2023
Are hedge funds holding up vital debt relief for Sri Lanka
As Sri Lanka tries to recover from its debt crisis, it seems that the prospect of recovery will depend upon the extent to which it is able to cancel its existing debts.
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9 Jan 2023
Disposable Incomes - The Big Squeeze Continues
A new report from the Resolution Foundation finds that real disposable incomes will continue to get squeezed throughout 2023 and into 2024.
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6 Jan 2023
Sticky Prices in Retail Fuel - What Goes Up Doesn't Always Come Down!
The petrol sector is under fire for proving Keynes right about sticky prices. Although petrol and diesel prices are falling, according to the RAC they're not falling fast enough. Wholesale prices...
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