Economics in the UK
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Ryanair warns over annual profits

Ryanair warns over annual profits | Economics in the UK | Scoop.it
Ryanair has warned that its annual profit is set to fall for the first time in five years.
Nabil Dhala's insight:

Ryanair again demonstrate the power of inferior products. Their boom in recent years has been slowed with the recent economic growth. It just goes to show how a business' profits can be affected by the state of the economy!

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UK unemployment rate steady as claimant count falls fastest in 16 years - Telegraph

UK unemployment rate steady as claimant count falls fastest in 16 years - Telegraph | Economics in the UK | Scoop.it
Jobless rate remains at 7.7pc and squeeze on households intensifies but sharp drop in those claiming jobseekers allowance boosts recovery hopes
Nabil Dhala's insight:

The precarious nature of the UK economy is underlined by the article; Unemployment remains at 7.7%, while a fall in demand for Job seekers allowance leaves excess capital available to be invested into other, more useful parts of the economy.

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UK growth fastest for three years

UK growth fastest for three years | Economics in the UK | Scoop.it
UK economic output rose by 0.8% between July and September, official GDP figures show, the fastest growth since 2010.
Nabil Dhala's insight:

Chancellor George Osborne describes this time as being part of the 'path to prosperity' and his optimism has been proven as the UK ecomomy is now well and truly in recovory with its third successive quater of growth.

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Wind farm subsidies generate £900m for Britain's big six energy suppliers - Telegraph

Wind farm subsidies generate £900m for Britain's big six energy suppliers  - Telegraph | Economics in the UK | Scoop.it
Britain’s largest energy firms received almost £900 million last year through a consumer subsidy added to household bills, analysis of the industry’s figures shows
Nabil Dhala's insight:

The government took a leap of faith to subsidise large part of the wind energy industry and this has been successful as it has allowed for increased investment and ultimately larger profits and therby more economic growth

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Netflix reports surge in profits

Netflix reports surge in profits | Economics in the UK | Scoop.it
TV and film streaming service Netflix sees global subscriber numbers surge past 40 million and a jump in profits thanks in part to some hit original shows.
Nabil Dhala's insight:

The Wonders of Advertising - We've all seen slightly annoying ads urging us to sign up for a Netflix account, and today the investment into the advertising campaign had been proven worthwile with the company passing 40 million subscibers and the shift in demand inevitably leading to increased profits

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