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US-China trade

Tensions raised as tit-for-tat trade dispute escalates. 

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Model agencies collude to fix rates

Regulators find leading model agencies guilty of price fixing.

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Alternative finance

Report on the growth of alternative finance.

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Question 1

The gap between rich and poor appears to be increasing in many societies, including the UK.

  1. Using diagrams evaluate the likely impact of an increase in the level of the national minimum wage.

  2. Apart from a national minimum wage, analyse the impact of other methods of reducing inequality in a modern economy.

  3. What are the likely effects on equity of increases in:

The value of property

The progressiveness of income tax

The level of unemployment

Question 2


  1. Analyse how changes in the degree of income inequality in an economy can be measured. (15)

  2. Discuss the extent to which reform of the tax and benefit system alone can reduce the level of income inequality in an economy. (25)


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Sainsbury's-Asda merger

Sainsbury's and Asda confirm merger plans.

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Customs unions

Costs and benefits of customs unions.

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New materials

Multiple choice papers for Paper Three.

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Brexit update

Article 50

What trading options are available to the UK?

Savings ratio

Savings ratio falls to lowest level on record.

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Tax avoidance

Double Irish - and a Dutch Sandwich more..

The OECD presents its final package for reform of international tax rules..more

Bank of England - cuts interest rates to 0.25%..more.

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