Blog and updates
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25 Aug 2022
Demand and Supply in Action: Sony raises prices of PlayStations in the UK by 6%
Sony has raised the UK price of their PS5 console by 6% (£30), from £449.99 to £479.99.
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25 Aug 2022
Falling NEET percentage hides big differences across educational backgrounds
10.4% of all people aged 16 to 24 years in the UK were not in education, employment or training in the 3 months to the end of June 2022.
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24 Aug 2022
Shifts in Demand and Supply - Fish and Chip Shops Facing Closure
Here's an interesting article from the BBC about the difficulties facing fish and chip shops in the UK caused by shifting demand and supply conditions.
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24 Aug 2022
TUC launch campaign for £15 per hour national minimum wage
The Trades Union Congress (TUC) have launched their campaign for a significant increase in the UK national minimum wage to £15 per hour.
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24 Aug 2022
Globalisation - Apple shifts more manufacturing toward Vietnam
Here is a really interesting piece in the Financial Times about Apple's plans to move more manufacturing towards Vietnam.
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23 Aug 2022
Recession Watch - Key Mortgage Interest Rate rises above 4%
The average interest rate for a new two-year fixed home loan has climbed above 4% for the first time since 2013.
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22 Aug 2022
Surge in UK CEO pay reignites debate over CEO pay caps
The average pay for FTSE 100 chiefs has jumped by 39% to £3.4m according to the High Pay Research Centre.
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21 Aug 2022
Economic Efficiency - Massive Batteries and the Transition to Green Energy
Productive and dynamic efficiency in evidence here in a video about Energy Superhub Oxford.
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21 Aug 2022
Externalities and Government Failure - Raw Sewage and Britain's Beaches
Videos of beaches on the south coast of Britain being afflicted by raw sewage pumped into the sea are a vivid example of government and regulatory failure.
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19 Aug 2022
Trade Unions - Workers Lobby in the USA for Unionisation
A growing number of workers in the United States are organising to join a trade union.
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19 Aug 2022
A-Level Economics Entries and Grades for 2022
I am delighted to see strong growth in Economics once again. Just under 36,000 students took their A-Level Economics this year.
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17 Aug 2022
UK workers suffer biggest hit to real wages since records began
For the majority of workers in the UK, wages are not keeping pace with prices.
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17 Aug 2022
Moving towards a green shipping revolution
Norwegian fertiliser giant Yara is trialling the first autonomous container ship in a two-year pilot.
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14 Aug 2022
Energy Price Crisis - Many Small Businesses May Not Survive
This article from the Financial Times provides a timely warning of the threats to the commercial viability of thousands of UK small businesses.
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14 Aug 2022
Energy Price Crisis - Is there a case for government subsidy of energy intensive industries?
It's interesting to see the government has drawn up plans to subsidise energy for energy-intensive businesses.
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14 Aug 2022
Energy Price Crisis - What Future for Nuclear Power in the UK?
What is the role for nuclear energy in moving electricity generation closer towards net zero?
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12 Aug 2022
Recession Watch: TUC predicts biggest fall in real wages for 100 years
TUC research suggests that we're on the point of experiencing the biggest fall in real wages for a century.
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11 Aug 2022
Energy Price Crisis - Time for a social tariff on energy bills?
A growing number of campaigners are making the case for the Government and OFGEM to agree a new social tariff for low income families.
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10 Aug 2022
New World Bank country classifications by income level are published
Lebanon, an upper-middle-income country for almost 25 years, now moves to the lower-middle income group according to the World Bank's latest classification.
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10 Aug 2022
Web browser market share - a changing structure
This fabulous graphic shows the dynamic nature of the market for web browsers.
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