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 […]
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 […]
The Ever Given (a ship owned by the Evergreen shipping line), one of the world’s largest cargo ships, was passing through the Suez Canal on its way to Rotterdam from Malaysia when it became stuck and blocked the canal on the 23rd of March 2021. The ship ran aground diagonally after losing the ability to […]
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