Becket Economics
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UK Coal miners face pit closures

UK Coal miners face pit closures | Becket Economics | Scoop.it
Alex Newton's insight:

UK Coal has lost business to overseas companies as a result of a strong pound because importing coal has become cheaper.

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Wheat prices rise on Crimea worries

Wheat prices rise on Crimea worries | Becket Economics | Scoop.it
Alex Newton's insight:

#Econ1 - Supply is falling whilst demand is increasing; The price of a bushel has gone up $1.50 from $5.50 in Late january

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Bank of Thailand cuts rates to 2%

Bank of Thailand cuts rates to 2% | Becket Economics | Scoop.it
Alex Newton's insight:

Thailands Interest Rate cute 0.25% after economics Growth fell from 2.7% to 0.6% in the Last Quarter of 2013.

Thailand hopes the amount they export will increase as other major economies in the world recover

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UK interest rates kept at record low

UK interest rates kept at record low | Becket Economics | Scoop.it
The Bank of England keeps the benchmark UK interest rate at 0.5%, five years after it first cut the rate to its current record low.
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World Cup late licence bid rejected

World Cup late licence bid rejected | Becket Economics | Scoop.it
There will be no national extension of pubs' licensing hours during the opening and closing weekends of the 2014 football World Cup, the Home Office says.
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Tackling Uganda's lack of school places

Tackling Uganda's lack of school places | Becket Economics | Scoop.it
Uganda has one of the world's youngest, fastest-growing populations. How will they get a place in school?
Alex Newton's insight:

This is an example of a merit good

 

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2,000 Help to Buy mortgages approved in just four weeks | #ShareTheFacts

2,000 Help to Buy mortgages approved in just four weeks | #ShareTheFacts | Becket Economics | Scoop.it
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Current Crude oil Prices today

What's the Crude oil price today? Crude oil price chart. Crude oil today. Petrol prices historical chart. Crude oil per prices chart. Fuel price historical data and today's quote. Crude oil price per chart.
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Japanese growth data revised higher

Japanese growth data revised higher | Becket Economics | Scoop.it
Japan revises up its growth data for the April to June quarter, adding to optimism over the economic recovery.
Alex Newton's insight:

The Japanese expanded by 0.9% in 2nd Quarter.

means a 3.8% Annual Growth - Massive growth, and shows how economy is increasing.

Japanese policy makers have made people feel good about the policies/economies which is making more companies invent more.

 

Largest growth comes when Sales Tax is being discussed and could be doubled - 5% to 10% 

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HS2 benefits dwindling, say MPs

HS2 benefits dwindling, say MPs | Becket Economics | Scoop.it
The estimated benefits of the proposed HS2 high-speed rail link are dwindling as costs spiral, an influential group of MPs says.
Alex Newton's insight:

Better rail links required - Although at 50billion?

Technology better by time it's complete?

Too long to complete?

Different areas to spend the money more wisely?

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Pay-as-you-drive Britain: Ministers set to approve plans to introduce tolls on motorways and A roads

Pay-as-you-drive Britain: Ministers set to approve plans to introduce tolls on motorways and A roads | Becket Economics | Scoop.it
The aim is to pump private-sector money into the crumbling road network in a bid to ease the growing gridlock log-jam at a time when cash is tight and raising taxes politically unacceptable.
Alex Newton's insight:

Make drivers think twice about driving

Lower number of cars

Could backfire - people stop driving as much?

Everything becoming privatised 

Car share

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Mr Jones's curator insight, September 11, 2013 10:31 AM

Great story Alex.  How might consumer (driver/transport firm) be affected if this price change goes through?

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UK unemployment falls by 63,000

UK unemployment falls by 63,000 | Becket Economics | Scoop.it
Alex Newton's insight:

The new unemployment rate is now 7.2%

Now 912,000 Youth Unemployed a 29,000 drop and lowest level since 2011

People claiming Jobseekers allowance fell by 34,600 - Shows economy is picking up

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Economy 'to hit 2008 peak by summer'

Economy 'to hit 2008 peak by summer' | Becket Economics | Scoop.it

Interest rates 

Alex Newton's insight:

Interest Rates set to increase to 0.7% by the end of 2015.

Then again to 1.5% By the second half of 2016.

Businesses have been increasing their amount of investment 

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Plastic bag charge a 'complete mess'

Plastic bag charge a 'complete mess' | Becket Economics | Scoop.it
The proposal to curb plastic bag use in England by introducing a charge is far too complicated, say MPs.
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Alcohol linked to skin cancer risk

Alcohol linked to skin cancer risk | Becket Economics | Scoop.it
Experts believe drinking too much alcohol could set off a chain of reactions in the body that makes the skin more vulnerable to cancer.
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Eurozone industrial output picks up

Eurozone industrial output picks up | Becket Economics | Scoop.it
Factories in the eurozone beat forecasts in August, as official figures for industrial output show the strongest growth for two years.
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English house prices at record high

English house prices at record high | Becket Economics | Scoop.it
House prices in England have reached a record high, according to figures from the Office for National Statistics (ONS).
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UK economy turning corner - Osborne

UK economy turning corner - Osborne | Becket Economics | Scoop.it
The UK economy is showing "tentative" signs of recovery, Chancellor George Osborne says during a speech in London.
Alex Newton's insight:

Postivie trend in the UK economy - Increasing GDP, UK Growth 0.7% 2nd Quarter...Predicts 1% Growth by 3rd

Although trying to cut deficit amount as quickly as possible (top of to-do list) it shouldn't jeopardize Infrastructre Development

Still in the early stages of recovery and still a lot of risks

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German exports dropped in July

German exports dropped in July | Becket Economics | Scoop.it
German exports record an unexpected fall in July as deliveries to eurozone nations fall.
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Britain is booming! House prices up £10,000 in a year, new car sales surge by 12.7% and manufacturing beats 1992 record

Britain is booming! House prices up £10,000 in a year, new car sales surge by 12.7% and manufacturing beats 1992 record | Becket Economics | Scoop.it
Figures showing that house prices had risen by almost £10,000 in a year were just one part of a wider economic recovery alongside improved orders for manufacturers and a revival on the high street.
Alex Newton's insight:

Living within means

Mainly in south london - .... ----

Driven by rich areas - not a good overall stat

Houses prices may be up - but that makes it harder for people to buy/get on market

 Things made in england cost more (labour, etc.) when we are meant to be in recession - foreign input?

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