ONS data shows that Britain avoided recession with 0.3% GDP growth in the first quarter but do you think it's enough? See what the rest of the public think and place your vote on how confident you are the UK economy has turned the corner. Just follow the link.
Tuesday, 30 April 2013
Cineworld takeover of Picturehouse investigated amid competition concerns. OFT refers takeover to the Competition Commission over fears some cinema goers may face higher ticket prices and reduced choice. How would this apply to some of the suppliers that AS PLC deal with? Also great for Economics of Work & Leisure - Cinema Industry. Take a look...
Thursday, 25 April 2013
Spain's unemployment rate soared to a new record of 27.2% of the workforce in the first quarter of 2013, according to official figures which means 6 million people are out of work. What problems does this create?
The UK economy has avoided falling back into recession. The Office for National Statistics said its preliminary estimates for GDP, showed the economy grew by 0.3% in the first three months of the year.
Monday, 15 April 2013
UK inflation as measured by the Consumer Prices Index rose to 2.8% in February from 2.7%, thanks in part to rising energy prices. This article explains the consequences this may have on the economy and why inflation may be set to continue to rise.
Minimum wage to rise but 1% hike for young falls behind inflation which leaves Vince Cable defending lower 4p and 5p rise for under-21s as adult minimum wage increase by 12p an hour. What effect will this have on the economy/AD?
Wednesday, 3 April 2013
The Champions League quarter final between Borussia Dortmund and Malaga is a metaphor for the economic and political fault lines of Europe. Can you think of what each club may represent? Find out more in this interesting article by following the link.
People in the UK now fit into seven social classes, a major survey conducted by the BBC suggests. The traditional categories of working, middle and upper class are outdated, fitting 39% of people. This news will be interesting for marketing gurus who like to segment the market to target products.
Tuesday's survey by the British Chambers of Commerce, which indicates that overseas sales of goods and services by UK companies may be recovering a bit faster than expected, matters a good deal. Find out more by checking out the article.