Macroeconomics: UK economy, IB Economics
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Macroeconomics: UK economy, IB Economics
A brief overview of relevant articles for IB and A-Level all relating to the UK economy
Curated by Graham Watson
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British Steel to be rescued by Chinese firm in £70m deal

British Steel to be rescued by Chinese firm in £70m deal | Macroeconomics: UK economy, IB Economics | Scoop.it
The deal with Jingye Group could potentially safeguard 4,000 jobs in the UK.
Graham Watson's insight:

As reported last week, Jingye Group are on the verge of rescuing British Steel, protecting 4,000 jobs in the UK and up to another 20,000 in the supply chain.

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A380: Airbus to stop making superjumbo as orders dry up | Business | The Guardian

A380: Airbus to stop making superjumbo as orders dry up | Business | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
Firm makes ‘painful’ decision to end production of the planes in 2021 – putting UK jobs at risk
Graham Watson's insight:

More on the end of the A380, but this time focussing on its implications for UK jobs.

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Brexit uncertainty prompts more UK firms to prepare for job cuts | Business | The Guardian

Brexit uncertainty prompts more UK firms to prepare for job cuts | Business | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
Two surveys also suggest increasing numbers are putting hiring plans on hold
Graham Watson's insight:

Simple economics. Brexit uncertainty is hitting hiring decisions.

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Brexit: UK jobs 'attracting less interest from EU workers'

Brexit: UK jobs 'attracting less interest from EU workers' | Macroeconomics: UK economy, IB Economics | Scoop.it
A leading jobs website says the number of searches from Europe for British jobs has dropped since 2015.
Graham Watson's insight:

Another Brexit tale of woe: the number of Europeans looking for work in the UK has fallen. Quelle surprise, as our continental cousins might say.

 

And if you want to say with a medical theme, as the picture implies, it might be worth suggesting to many of those people that voted Leave in some of the de-industrialised parts of the UK that your hospitals are already struggling to recruit, compared with large cities; so don't complain when you haven't NHS staff to treat you post-Brexit.

 

I guess 'taking back control' might not look so appealing at that point.

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