Business economics
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Business economics
For students of A Level unit 3 and IB HL
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Royal Mail profits drop on parcel delivery competition

Royal Mail profits drop on parcel delivery competition | Business economics | Scoop.it
Royal Mail reports a fall in half-year profits, with the company feeling the impact of competition from new parcel delivery rivals.
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Brazil's Cutrale and Safra up bid for Chiquita bananas

Brazil's Cutrale and Safra up bid for Chiquita bananas | Business economics | Scoop.it
Brazil's Cutrale and Safra groups up their bid for banana giant Chiquita after their initial offer was rejected earlier this month.
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Dairy farmers to protest over milk price cuts

Dairy farmers to protest over milk price cuts | Business economics | Scoop.it
Following the announcement of fresh price cuts, dairy farmers say they will take direct action within the next four days.
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Philips plans to split business

Philips plans to split business | Business economics | Scoop.it

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Geoff Riley's curator insight, September 23, 2014 6:11 AM

Another hi-profile example of de-mergers to add to your contextual examples for Unit 3 Business economics!

Antonis Antoniou's curator insight, March 13, 2015 7:42 AM

Another hi-profile example of de-mergers to add to your contextual examples for Unit 3 Business economics!

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Phones 4U shops closing for business

Phones 4U shops closing for business | Business economics | Scoop.it

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BHP Billiton unveils $14bn demerger

BHP Billiton unveils $14bn demerger | Business economics | Scoop.it

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Geoff Riley's curator insight, August 19, 2014 5:36 AM

De-mergers often figure in EdExcel Unit 3 questions e.g. on the structured multiple choice - so this one is a good example to be aware of and to understand the key drivers behind the decision. As always - focusing on core competencies, streamlining operations to avoid diseconomies of scale lie at the heart of the de-merger process

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Satisficing Business Objectives

Revision note on satisficing as a business objective

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Elderly hit by security price fixing

Elderly hit by security price fixing | Business economics | Scoop.it
Vulnerable elderly people may have been ripped off by home security system suppliers acting as a price-fixing cartel, regulators say.
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Blockbuster to close 72 stores

Blockbuster to close 72 stores | Business economics | Scoop.it
Blockbuster, the troubled DVD rental chain, will close 72 out of its 264 stores in the UK and axe 452 jobs.
KCS Economics's insight:

A good example of how the rise of e-commerce is changing the face of the high street.

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What the iPhone 5S costs Apple

Apple's latest and greatest phone retails for $649 off contract, but costs a lost less for the company to make.

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tutor2u's curator insight, October 7, 2013 4:53 PM

A short, but interesting estimate of the production component costs of the new iPhone 5s.

Geoff Riley's curator insight, October 8, 2013 3:55 PM

Lots relevant here for Unit 3 business economics

Pendleton Economics's curator insight, October 8, 2013 4:52 PM

Dynamic efficiency, use for abnormal profit?

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SSE to raise energy prices by 8.2%

SSE to raise energy prices by 8.2% | Business economics | Scoop.it
SSE customers will see an average 8.2% rise in gas and electricity prices from 15 November, the company has announced.

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Geoff Riley's curator insight, October 10, 2013 2:35 AM

Is this an example of price leadership in an oligopoly?

Peter Symonds Economics's curator insight, November 4, 2013 12:02 PM

Research current articles on UK Energy industry. Why are energy firms raising prices?

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Payday loans cap of 0.8% per day announced by FCA

Payday loans cap of 0.8% per day announced by FCA | Business economics | Scoop.it
A cap on interest rates on payday loans from January 2015 is announced by UK regulator the Financial Conduct Authority.
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Big Six energy companies asked by Ofgem to reveal costs and profits

Big Six energy companies asked by Ofgem to reveal costs and profits | Business economics | Scoop.it
Energy regulator concerned that a slump in wholesale gas and electricity prices over the summer is not being passed on
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Aldi vows to fight on in supermarket price war as UK profits leap 65%

Aldi vows to fight on in supermarket price war as UK profits leap 65% | Business economics | Scoop.it
German discount store says it will respond to price cuts from competitors with further reductions as sales rise 36% to £5.3bn
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Phones 4U collapses into administration as EE is final operator to hang up - Telegraph

Phones 4U collapses into administration as EE is final operator to hang up - Telegraph | Business economics | Scoop.it
Retailer's 720 outlets will not open on Monday, with 5,596 staff to be briefed by management, as private equity owner BC Partners launches an attack on mobile operators

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Westminster Business School's curator insight, September 15, 2014 8:27 AM

Questions for discussion

  1. What caused the collapse of Phones 4U ?
  2. How could other mobile phone providers such as Phones 4U reduced the threat from such risks?
  3. How competitive is the mobile phones industry in the UK? 
  4. What impact will the collapse of Phones 4U have on other stakeholders in the market?
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Water bills plugged by regulator

Water bills plugged by regulator | Business economics | Scoop.it

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Geoff Riley's curator insight, August 29, 2014 7:28 AM

Here is an important example of regulatory control of utility businesses with regional natural monopoly power. Ofwat is requiring regional water companies to cut their bills in real terms for the next five year pricing regime. Regulatory agencies are often accused of failing to be sufficient strong with suppliers leading to allegations of regulatory capture i.e. producer interests dominate consumer interests. Ofwat may be an example of a regulator that avoids this criticism.

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Asda sales and market share rise

Asda sales and market share rise | Business economics | Scoop.it

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Geoff Riley's curator insight, August 16, 2014 3:59 AM

Avoiding diseconomies is one of the tactics required by businesses such as Asda when competing with deep discounters such as Aldi and Lidl. Asda (Walmart) is rationalising their management structure and getting rid of hundreds of managerial roles. 

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Energy suppliers attacked by Ofgem

Energy suppliers attacked by Ofgem | Business economics | Scoop.it

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National Grid defends £1.5bn half-year profit and payout to shareholders

National Grid defends £1.5bn half-year profit and payout to shareholders | Business economics | Scoop.it
Ofgem's oversight of company has been heavily criticised by former energy committee chairman Tim Yeo
KCS Economics's insight:

Imperfect competition, abnormal profits, regulatory policy

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Npower owner RWE to cut 6,750 jobs

Npower owner RWE to cut 6,750 jobs | Business economics | Scoop.it
German power giant RWE, which owns Npower, will cut 6,750 jobs across Europe and reduce costs by another 1bn euros between 2014 and 2016.
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Riding the wave

Riding the wave | Business economics | Scoop.it
WHY mergers and acquisitions (M&A) come in waves is not fully understood. Companies’ fortunes are affected by the economy’s ebb and flow, but this does not...

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Geoff Riley's curator insight, October 8, 2013 4:06 PM

excellent for Unit 3 - the high % of mergers that fail to deliver enhanced shareholder value is the result of many factors including over-bidding and the problems in making a merger work on the ground between an enlarged workforce