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 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 […]
Towards the end of April, twelve of Europe’s leading clubs announced the formation of a new football league called the European Super League. The football league would have comprised twenty of Europe’s top football teams – however, only 5 would be entered based on ‘sporting achievement’. The teams would have played their home and away […]
Néos Economist 