The UK Economy: Edexcel Theme 2 and Theme 4 Economics
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Can the British steel industry survive in a global market?

Can the British steel industry survive in a global market? | The UK Economy: Edexcel Theme 2 and Theme 4 Economics | Scoop.it
The BBC's economics editor Kamal Ahmed examines whether there is a need for a British steel industry?
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Tata Steel: 'All options' considered for Port Talbot

Tata Steel: 'All options' considered for Port Talbot | The UK Economy: Edexcel Theme 2 and Theme 4 Economics | Scoop.it
The government is considering 'all options' for Tata's Port Talbot plant, after the company says it plans to sell its loss-making UK business.
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UK Current Account Deficit in 2015 - Digging Deeper

UK Current Account Deficit in 2015 - Digging Deeper | The UK Economy: Edexcel Theme 2 and Theme 4 Economics | Scoop.it
I am grateful to my colleague Mo Tanweer for digging out this extra detail on the breakdown of the UK current account deficit in 2015. It provides some revealin
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Investing in infrastructure, such as Crossrail 2, boosts the economy

Investing in infrastructure, such as Crossrail 2, boosts the economy | The UK Economy: Edexcel Theme 2 and Theme 4 Economics | Scoop.it
In the midst of austerity, Britain may nonetheless be in danger of trundling its way into a golden age of railway building.
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Bruce Fellowes's curator insight, March 15, 8:34 AM
As discussed in AS recently
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Why is the pound falling and what are the implications for Britain?

Why is the pound falling and what are the implications for Britain? | The UK Economy: Edexcel Theme 2 and Theme 4 Economics | Scoop.it
Sterling down to seven-year low against dollar, while ratings agency warns UK credit score at risk if public votes to leave EU in June
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George Osborne warns of further cuts as 'storm clouds' gather

George Osborne warns of further cuts as 'storm clouds' gather | The UK Economy: Edexcel Theme 2 and Theme 4 Economics | Scoop.it
Chancellor says he will address gloomy economic outlook in budget and ‘this country can only afford what it can afford’
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What do trade agreements do?

What do trade agreements do? | The UK Economy: Edexcel Theme 2 and Theme 4 Economics | Scoop.it
The Trans-Pacific Partnership (TPP) is the biggest trade agreement signed to date - but what other deals are out there and do the benefits stack up?
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Number of Chinese tourists visiting UK soars nearly 40%

Number of Chinese tourists visiting UK soars nearly 40% | The UK Economy: Edexcel Theme 2 and Theme 4 Economics | Scoop.it
More than 200,000 Chinese holidaymakers visited in first nine months of 2015 and £2,700 spend per head is among highest, says VisitBritain
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Products exported by the United Kingdom (2013)

What does the United Kingdom export? (2013) Data visualization of economic trade.
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For Osborne, bad economic news could be good news

For Osborne, bad economic news could be good news | The UK Economy: Edexcel Theme 2 and Theme 4 Economics | Scoop.it
Most are predicting slower growth when the latest economic figures are announced tomorrow. When it comes to the referendum, the Chancellor might secretly welcome that.
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Osborne overshoots borrowing target with £74bn deficit for 2015/16

Osborne overshoots borrowing target with £74bn deficit for 2015/16 | The UK Economy: Edexcel Theme 2 and Theme 4 Economics | Scoop.it
The Office for Budget Responsibility budget deficit forecast for 2015/16 was £72.2billion, which the Chancellor presented in his March Budget.
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National Living Wage benefits 'to vary across the country'

National Living Wage benefits 'to vary across the country' | The UK Economy: Edexcel Theme 2 and Theme 4 Economics | Scoop.it
The number of workers benefiting from the new National Living Wage (NLW) will vary dramatically across the country, according to a think tank.
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UK workers on zero-hours contracts rise above 800,000

UK workers on zero-hours contracts rise above 800,000 | The UK Economy: Edexcel Theme 2 and Theme 4 Economics | Scoop.it
Workers on zero-hours contracts more likely to be young, part-time, women, or in full-time education
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Bruce Fellowes's curator insight, March 15, 8:35 AM
As discussed in class recently
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What economists think further Budget cuts will do to the UK

What economists think further Budget cuts will do to the UK | The UK Economy: Edexcel Theme 2 and Theme 4 Economics | Scoop.it
Chancellor George Osborne has been warned that he risks damaging the struggling UK economy with another round of spending cuts.

The EY Item Club, an economic forecasting group, said that the Chancellor should “hold fire” on further cuts until the UK economy picks up or risk downgrading economic growth to just 2 per cent.

UK economy growth could slip from 2.5 per cent to 2.2 per cent even without further cuts, the British Chambers of Commerce has said, because of slowing global growth. 
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Life after oil: can Aberdeen rise again?

Life after oil: can Aberdeen rise again? | The UK Economy: Edexcel Theme 2 and Theme 4 Economics | Scoop.it
Aberdeen used to be known as the energy capital of Europe, can it continue to prosper now that oil prices have fallen?
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UK living standards return to pre-financial crash levels

UK living standards return to pre-financial crash levels | The UK Economy: Edexcel Theme 2 and Theme 4 Economics | Scoop.it
Resolution Foundation points to rising employment and falling inflation as incomes pass 2009 peak – but warns pace of recovery likely to slow
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UK goods trade gap biggest on record

UK goods trade gap biggest on record | The UK Economy: Edexcel Theme 2 and Theme 4 Economics | Scoop.it
The UK's goods trade gap with the rest of the world widened by £1.9bn to a record high of £125bn in 2015, official figures show.
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Aberdeen: once-rich oil city now relying on food banks

Aberdeen: once-rich oil city now relying on food banks | The UK Economy: Edexcel Theme 2 and Theme 4 Economics | Scoop.it
Local charities say food parcels have doubled in a year as people used to earning good money in the oil and gas sector have fallen on hard times
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