Business @SharnbrookBus
The Business Department at Sharnbrook Academy Bedford, England Joined September 2017-
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Massive market failure
The rent that people are forced to pay is nothing short of a scandal, robbing people of even the remote dream of home ownership in the future. The Government has to get a grip on this and build the homes we need to fix our broken housing system #PMQs
The most indebted nations
Supply-chain shock raises risk of more volatile economic cycles ft.com/content/e702f0… superb for #theme4macro "Most policymakers have only known a world where demand has been limited and supply has been elastic." Many businesses now moving from just-in-time to just-in-case
Pret A Manger will add stores in the U.S., U.K., Europe and the Middle East as it seeks to double revenue trib.al/Ozbp86j
Trade and foreign investment helped Vietnam emerge from extreme poverty. Can they make it rich? econ.st/3nEbITj
Markets rally as Evergrande fears ease; CO2 restart to cost ‘tens of millions’ – business live theguardian.com/business/live/…
A big story for competition regulation. CMA to investigate UK mobile phone market. Lots of useful data likely to follow for students next school year! bbc.co.uk/news/technolog…
BREAKING: Fed officials held interest rates near zero but signaled they expect two increases by the end of 2023, pulling forward the date of liftoff as the economy recovers trib.al/6aW829u
📢 Call for applications 📢 Econ undergrads & recent grads: Are you interested in better understanding economic policy? Do you enjoy analyzing data? Curious to try out research? ✅✅✅ Apply to our summer student program @TheIFS: ifs.org.uk/jobs/25 Deadline Jan 15.
Exclusive: UK govt is paying management consultants the equivalent of million and a half pound salaries to work on Test & Trace. I’ve seen documents showing senior staff from Boston Consulting Group are being paid day rates of around £7k, equivalent to £1.5m on an annual basis.
Low borrowing costs are good news for the British government’s finances econ.trib.al/m6g2g2F
Added earlier today to the tutor2uEcon blog: 7 million jobs at risk if lockdown persists zpr.io/tiunA Retweet to share with your followers! #economics
BBC News - Coronavirus: A visual guide to the economic impact bbc.co.uk/news/business-…
Bank of England prepared to cut interest rates to soften impact of Coronavirus @ft4s #economics ft.com/content/2b0dfb… via @financialtimes
Terms of trade
East Africa coffee: Uganda actually exports more than Ethiopia but the latter's value is much higher. It helps if a good strategy, ceetification, branding and commodity exchange is put in place.
St Ives second home ban backfires as construction companies leave and house prices rise buff.ly/2NakCpc @Telegraph on @CEP_LSE @ChrisALHilber
Worsening UK skills gap will hold the country back ft.com/content/96e43c… via @financialtimes
Starbucks UK is paying about seven times more in royalty payments than it is paying in tax. theguardian.com/business/2019/…
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