UK becomes first G20 country to halve its carbon emissions
A major milestone has just been passed: Britain has become the first major country to halve its carbon emissions. The rapid pace of UK environmental progress means that it's output is now below 320 million...
The growth of the 'experience economy'
When someone is deciding on a present they will give this Christmas, one of their options may be buying an electronic gadget such as a smart speaker or a concert ticket to a music festival such as Glastonbury....
Elon Musk’s problem with X
Last week Elon Musk launched an extraordinary verbal attack on advertisers who have withdrawn advertising expenditure from his social media platform, X. On November 15 Musk endorsed an antisemitic post...
Exchange rates in Sub-Saharan Africa
2023 has been a challenging year for many Sub-Saharan African countries because of the depreciation in their exchange rates. Nigeria and Angola are the two biggest losers with the Nigerian naira and the...
Changes in the market for news media
If you got on a train, went into a coffee shop or walked around an airport 15 years ago you would see people deeply engrossed in newspapers and magazines. Walking into these places now you would see people...
Claudia Goldin wins the Nobel Prize in Economics
For only the third time in its 54-year history, the Nobel Prize in Economics has been awarded to a woman. The winner, Claudia Goldin, is a professor of economic history at Harvard University. Goldin's...
The use of AI in supermarkets
The development of AI across economies in the world is happening so quickly and in so many areas it is difficult to keep up and fully comprehend. As a case example, the supermarket industry is...
The fentanyl crisis in the US
The United States is experiencing a wave of drug-related deaths from the drug fentanyl. It is a prescription drug that is used to treat people with severe pain, particularly after surgery. But fentanyl...
Shrinkflation and skimpflation
One of the important challenges facing households when they experience rising inflation is a decline in their real incomes when the price level in the economy rises at a faster rate than household wages....
Government intervention in the French wine market
The French wine industry has had a difficult year with producers struggling against rising costs and falling revenues. Like businesses in so many markets in Europe, rising energy costs, wages and raw...