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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People are returning to the high street, but the retail crash has changed it beyond recognition | Retail industry | The Guardian

People are returning to the high street, but the retail crash has changed it beyond recognition | Retail industry | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
The easing of Covid restrictions in England will reveal the effects of the loss of brick and mortar shops in our towns and cities, says Guardian columnist John Harris
Graham Watson's insight:

As we come out of lockdown, again - it is interesting to reflect upon the future of the High Street. Clearly, things will never be the same again, but what will happen to those vacant retail outlets. 

 

John Harris looks at some of the towns/cities that have ambitious plans, and the rest of us dust off our copies of Jane Jacobs...

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Covid-19 changed many things. It should change housing policy too | Global | The Guardian

Covid-19 changed many things. It should change housing policy too | Global | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
Ministers must reconsider the dash to build pokey dwellings when so many more people may work from home in future
Graham Watson's insight:

Phillip Inman with an interesting look at the implications of coronavirus for the housing market, suggesting that the nature of the market has changed and that government priorities need to reflect that, although they don't seem to at the moment, perhaps at the precise moment that this has become most pressing. Is the minister upto the job? 

 

He might ask the member for South Staffordshire which, coincidentally, is next door to where he grew up.

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Retail is at death’s door – and tinkering with business rates won’t save it | Business | The Guardian

Retail is at death’s door – and tinkering with business rates won’t save it | Business | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
The fact that buyers rescuing Debenhams and Arcadia don’t want their 500 shops shows how deep the high street crisis is
Graham Watson's insight:

The first part of this Observer business leader is spot on: whither Britain's town and city centres? 

 

The collapse of Debenhams and the Arcadia Group, and their subsequent rescues, with buyers not wanting to take on their 500 shops, should be alarming. Policymakers are going to have to adapt to changing shopping habits going forward, and tinkering with business rates simply isn't going to cut it. 

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