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This article details the rise of so called 'budget supermarkets' Aldi and Lidl in the UK taking market share from the 'Big Four' supermarkets Asda, Tesco, Sainsbury's and Morrisons. The supermarket industry in the UK is a prime example of an oligopoly, I'd argue that there isn't perhaps a better example anywhere as this market features all the tell-tale signs; the four supermarkets often compete in price wars, especially Asda, the store mentioned here. Also the firms often collude and fix prices across the board together. The market, however is changing with other firms entering the market to provide cheaper alternatives to the ' Big Four' whom so many consumers have become disenfranchised with.

This article shows how the demand for 3D TV's is increasing but broadcasters continue to not offer much 3D content to their viewers. 3D TV's were predicted by many to be a commercial failure, as the home experience is said to be not as good as the cinema experience but demand has continued to rise among consumers. Broadcasters however are not so keen to provide 3D content as they have their ever changing gaze to future investment in 4K technology in the continuous attempt to keep up with the relentless pace of modern technology.

I think that one of the reason that will not allow 3D technology to get popular is its very high cost. This is not only for consumers who are buying the TVs and Glasses, but also for producers. IT is an extra cost, without an extra profit.

This article talks about the logistics of scraping the license fee that finances one of the worlds most famous examples of a public good, the BBC. Economic stagnation and falling wages have left many consumers disgruntled at the license fee and with the BBC failing to keep up with it's competitors in terms of revenue, costs have had to be cut at the world renowned corporation. The article explores the concept of the public good and how politicians have began to propose alternatives to the license fee.

this is relevent to this weeks reading because it amother way of the government making changes, however here its not the government its the central bank. and acts of the central baks are more monetary poilicy as they predominantly affect AD

This article published in the Telegraph regards the purchase of up-and-coming Israeli mapping program Waze for an estimated $1bn. The move is one that serves to increase Google's monopolistic stance in the digital mapping industry, as the purchase restricts the availability of effective substitutes to map services owned by Google.

This article is about inflation, and that it has fallen after six months to 1.6 per cent. However, regular pay is  expected to rise in rate from 1.3 per cent to 1.8 per cent. 

The UK is currently having an extreme deficit in their balance of payments. They have a £70 billion deficit in their current balance of payments. This has been strongly appearing since the beginning of the 2000s. Even now when they're in recovery their balance of payments is still very negative. The UK haven't had a surplus since 1997, this brings up the facts that the UK is the bigger country with a deficit in Europe.Although they're slowly increasing their trade this urges the matter of: how can the UK come out of this deficit in time before there are any severe consequences onto the population of the UK and the world?