Blog and updates
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21 Jul 2022
Pfizer and Flynn fined £70m for price fixing a life-saving epilepsy drug
In an egregious example of price fixing, Pfizer and Flynn have been fined £70 million for abusing their dominant positions to overcharge the NHS for a life-saving epilepsy drug.
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19 Jul 2022
French government to fully nationalise EDF energy
It's interesting to see how the French government are looking to resolve the issue of energy security.
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19 Jul 2022
How co-operative farms can promote regenerative agriculture
Co-operative ownership of farmland in the Netherlands is managing trade-offs between agricultural productivity and environmental objectives, such as maintaining biodiversity.
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19 Jul 2022
Quizlet Retrieval Quizzes for A Level Macroeconomics
Here is an updated set of 35 resources for students and teachers of EdExcel Macroeconomics taking exams in 2023
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18 Jul 2022
Quizlet Retrieval Quizzes for A Level Microeconomics
Here is an updated set of forty resources for students and teachers of EdExcel Microeconomics taking exams in 2023
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17 Jul 2022
Why a return to the roaring twenties is unlikely for the UK economy
Larry Elliott argues here that the next few years are unlikely to see a repeat of the 1920s, with a Fourth Industrial Revolution.
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17 Jul 2022
Is the UK economy facing a summer of discontent on pay?
Are we facing a summer of discontent on the back of the cost of living crisis?
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17 Jul 2022
Monetary Policy - How does raising interest rates control inflation?
The Economist has produced this excellent eight-minute primer on how a rise in interest rates can help to control inflationary pressures.
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17 Jul 2022
Economics made simple: 10 experts on the cost of living crisis
This is macroeconomic gold dust for new Year 12 economists!
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17 Jul 2022
Water as a Commodity - Forward Markets are emerging
In California and Australia investors can now bet on the cost of water.
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16 Jul 2022
Economics of Trade-Offs: China economy shrinks on zero-Covid policy
While many Western economies appear to be slowly recovering from the coronavirus pandemic, China is struggling to do so.
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15 Jul 2022
German government offers a cheap travel pass to citizens
This Guardian article looks at the German response to tackle the cost of living crisis by offering a €9 travel pass to its citizens.
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15 Jul 2022
Spain uses a windfall tax to make some train journeys free
Here is an interesting example of hypothecated taxation. The Spanish government is using proceeds from a windfall tax to make some train travel free.
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15 Jul 2022
What are the causes and effects of the UK's digital tech talent shortages?
The news that the UK has a tech talent shortage isn't a surprise - however, students should immediately be able to see the implications of this for the macroeconomy.
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14 Jul 2022
Netflix teams up with Microsoft for ad-version of their streaming service
Netflix and Microsoft have teamed up to offer a cheaper version of Netflix, complete with adverts, in an attempt to stem a loss of subscribers.
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14 Jul 2022
How the cost of living crisis is widening child poverty
More evidence is emerging this week about the impact of the cost of living crisis on relative poverty among households and across regions
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13 Jul 2022
Stagnation Nation - In Work Poverty, Inequality and Fragility in the face of Economic Shocks
A new report “Stagnation Nation” argues that a combination of low productivity & inequality has left average UK households £8800 worse off than people in five comparative countries.
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13 Jul 2022
A Question of Supply - Heathrow implements a Capacity Cap
The UK’s busiest airport, has announced a two-month cap on departing passengers at 100,000 a day to limit queues, baggage delays and flight cancellations.
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13 Jul 2022
Plastic packaging disposal tops 100 billion pieces a year in the UK
Greenpeace has released new survey evidence revealing that UK households only recycle a mere 12% of their single-use plastics.
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12 Jul 2022
The heatwave and demand for bottled water
The UK's heatwave is inevitably driving higher demand for cool drinks but Briton’s desire for bottled water over the long run may be declining.
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