Blog and updates
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24 Nov 2022
UK Economy: Net Migration Jumps to 500,000 in the last year
Some important news today on long term migration into the UK. The year to June 2022 has seen a surge in total long-term immigration into the UK – the figure climbed above 1.1 million and net...
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24 Nov 2022
UK Economy - Why a workforce exodus might cause interest rates to climb higher
An interesting angle here on the current state of the UK economy, with the Chief Economist of the Bank of England, Huw Pill, arguing that as a result of the adverse supply-side shock that the...
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24 Nov 2022
Sustainable Business - The Zero Waste Restaurant in Hackney
The very embodiment of a sustainable business - this zero waste restaurant, "Silo" in Hackney is looking to create a dining experience which generates no waste, using organic ingredients.
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24 Nov 2022
Tidal Power - Costs Ebb and Reliability Flows
Are we at the point where tidal power is on the point of being commercially viable?
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23 Nov 2022
UK Digital Services Tax starts to bring in revenue
It is fascinating to see that the new UK Digital Services Tax - a 2% levy on the gross revenues of tech companies - has generated £360m in tax revenue from US tech giants in its first year. This...
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22 Nov 2022
Penguin Scraps Merger Plan with Rival Publisher
The merger between Penguin Random House and Simon & Schuster has collapsed with the former withdrawing from the deal after US courts had blocked the deal.
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21 Nov 2022
COP27 - Does it go far enough?
The Economist take on COP27, with the environment editor summing up the state of play.
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20 Nov 2022
Can UK hotels maintain high occupancy rates?
Demand for hotel rooms is sensitive to so many factors ranging from macroeconomic conditions to the vagaries of external shocks such as the pandemic. One key metric for the hotel industry is the...
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20 Nov 2022
Sustainable Growth - Forest conservation in Costa Rica
This clip looks at how Costa Rica has blazed a trail for reforestation, being the only developing economy to reverse deforestation and increase forest cover, and help reduce carbon dioxide in the...
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18 Nov 2022
OBR forecasts a long, shallow recession for the UK
These are tough times for the UK economy - a long, shallow recession is the main forecast at the moment - but there are big risks ahead especially if house prices fall by more than 10% and if the...
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18 Nov 2022
Royal Mail under pressure - will it survive intact?
Royal Mail plc, a business that was fully privatised in 2016 is under severe pressure and there might be some takeover activity in the air.
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18 Nov 2022
Is taxing electric cars a possible government failure?
The government has announced that electric cars will no longer have free road tax from 2025. Owners will pay £165 a year in road tax. Tim Slatter, UK chairman of Ford, has described the move as...
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17 Nov 2022
Business Growth: Lidl's UK Profits Quadruple
Profits at the deep discount supermarket chain Lidl have quadrupled after an ambitious expansion across the UK.
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17 Nov 2022
Currency Economics - Egypt Devalues their Exchange Rate
In this short video we look at some of the possible benefits and costs of the decision by the Egyptian government to devalue their currency against the US dollar.
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16 Nov 2022
Inflation Reaches 11% - A Look Inside Britain's Cost of Living Crisis
This Reuters clip looks at the impact of the cost of living crisis in Burnley, highlighting the fact that inflation differs from place to place, with the Lancashire town the worst off.
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16 Nov 2022
Electric Vehicles - Ford Commits to Insourcing
Wow! What a superb article for your A-level and IB economics. The CEO of Ford is quoted as saying that manufacturing electric vehicles will require 40% less labour – mainly because there are far...
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15 Nov 2022
Are falling job vacancies a sign of recession?
The number of unfilled job vacancies has dropped for the fourth consecutive quarter. Many firms are holding back from hiring new people as they face a severe cost and revenue squeeze. Because job...
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15 Nov 2022
Global Economy - Are we in the New Age of Autarky?
This looks and sounds like superb enrichment listening for Year 13 economists. In a new BBC series, Ben Chu asks why nations are turning away from globalisation and seeking self-sufficiency.
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15 Nov 2022
Japan economy unexpectedly shrinks after yen slide
For once, fantastic timing! My classes have just completed a Data Response question about Japan and will be looking at another which asks about the consequences for an economy of a strong currency.
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