The UK government will introduce a 20% VAT on school fees midway through the 24/25 academic year. The government has stated that the revenue will help to fund 6,500 new teachers in England. This change will affect affordability, enrollment, and school operations. What are independent schools? Independent schools, also known as private schools, charge fees […]
Financial fraud poses a serious threat to economies, businesses, and individuals. Among its various forms, accounting fraud is particularly widespread. This blog delves into financial fraud, focusing on accounting fraud, its motivations, and a case study of the Wirecard scandal. What is Financial Fraud? Financial fraud involves deceitful practices like embezzlement, insider trading, and money […]
*This is the first of two blog posts about the Gamestop ‘saga’ In January of 2021, a group of retail investors, armed with social media and trading apps, took on powerful hedgefunds, causing a surge in the stock price of GameStop. Today we will explore this topic, how it happened and the impact on institutional […]
The year 2023 has arrived, and many economists and analysts are closely watching the global economic landscape to determine what the future might hold. After a challenging year in 2022 with the war in Ukraine and its impact on economies, many are eager to see what 2023 will bring. In this blog post, we’ll take […]
What is monetary policy? The Bank of England is England’s central bank. A central bank can use monetary policy to affect the amount of money in the economy and the cost of borrowing. The bank uses two primary instruments to do this, the interest rate and quantitative easing. The interest rate is what the bank […]
*This is the first of a series of blog posts that will help you understand some of the key economics topics and the impact they have on our day to day lives The Bank of England is the UK’s central bank. The job of the bank is to maintain an inflation rate of 2%. The […]
The “cost of living crisis” refers to the fall in ‘real’ incomes (this is the money earned after taking into account the cost of inflation) that the UK has faced since the end of the last UK lockdown. It has mainly been caused by rising inflation and the increase in household bills. Graduates (adults usually […]
The UK officially left the European Union (EU) on 1 January 2021, around 5 years after the Brexit referendum of 2016. The broad consensus surrounding Brexit is that it will have many short term costs, let’s explore this view and have a look at what some of the recent studies show. Brexit has reduced trade, […]
The Winter of Discontent was a phrase first used by some British newspapers and politicians to describe the winter of 1978-79 in Britain, when there were many strikes and economic problems. It was used to suggest that people were not happy with the way the Labour government was running the country. The same phrase is […]
England last hosted the FIFA World Cup in 1966, which was the same year it last won. With the recent success of the England team in the European Championships, there has been increasing talk of an English or even a United Kingdom bid for a World Cup in the near future. The FIFA World Cup […]
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