Identify the years when the UK had the smallest and largest annual current account deficit as a % of GDP in the last 25 years. If the UK’s GDP in 2023 was £2,687 billion, calculate the current account ...
Vauxhall’s Luton Closure: What It Means for the Economy and the Race to Net Zero 26th November 2024 ...
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The rumble of engines at Vauxhall’s historic Luton van factory will soon fall silent. Stellantis, its parent company, has announced plans to close the site in April 2025, putting 1,100 jobs at risk.
Imagine this: a bad batch of beer turns into a full-blown zombie outbreak, plunging the UK into chaos. Beyond the gory drama, this scenario—modelled using the National Institute Global Econometric ...
Has China, the world's leading polluter reached peak emissions? And if so, has its journey to net zero emissions begun. This Bloomberg clip looks at how China got to account for 30% of carbon ...
The UK's ONS is pioneering a more holistic way to measure economic success through Gross Inclusive Income (GII), which incorporates sustainability and wellbeing alongside traditional financial metrics ...
Recent debates around the staggering pay packages of top executives have reignited discussions about fairness in the workplace. A new survey by the High Pay Centre reveals that over half of the UK ...
The main difference between horizontal collusion and vertical collusion lies in the relationship between the firms involved and their positions in the supply chain. Here's a detailed explanation of ...
Monopoly power allows a single firm to dominate a market, giving it significant control over pricing, supply, and market conditions. While monopolies can sometimes drive innovation and efficiency, the ...
While monopolies often attract criticism for their negative effects on markets and consumers, there are several potential advantages that a monopoly can provide under certain circumstances. Here are ...
This study note looks at the importance of non-price competition in an oligopoly. Non-price competition refers to strategies that firms use to compete without changing the price of their goods or ...