Tag: news
-
“Over 100 Applicants For A Part Time Job” – What’s Wrong With The UK’s Job Market
With last year’s October budget in full effect, it is clear that businesses are having to reduce labour hours or cut staff to remain competitive and survive. British clothing brand Next stated that whilst vacancies have fallen by over 35% over the past two years, the number of applicants per job has risen by 76%.…
-
Bleak Oil Pours Down on Investors
Over the past few months, the price of crude oil has stabilised around $50 per barrel. Households will be happy with this since it means stable prices for products linked to oil, such as sunflower oil or fuel. However, many businesses that rely on crude oil have faced constraints on their revenue due to lower…
-
Position Posted: Chancellor of the Exchequer
It has been a bleak start for Rachel Reeves. Reports of lying about her credibility, pressure from the Labour bench and pressure from business leaders. It is safe to say the latest budget would be her ultimate test; whether she can get businesses on board will be the biggest question to ask. The latest BoE…
-
The break-up of the decade, your beloved household brand – Kraft Heinz
A marriage forged by Warren Buffett and 3G Capital has come to an end. With falling sales and a shift in consumer taste, what does that mean to ketchup lovers, and what can we learn from Buffet’s mistake? On a personal note, you and I knew that Heinz was the go-to brand for condiments like…
-
The three letters that haunt everyone: Tax. Why this Autumn is different
As summer holidays come to an end, households will now be shifting their focus towards the upcoming Autumn budget. Why is this Autumn different? Let’s have a quick recap of what’s been happening in the UK: Since Labour entered government, there has been a strong focus on reducing government debt, currently around £2.9 trillion (96%…
Econ Oddities 