While you were away….. …the economic world continued! You are about to be reminded of 8 pieces of news from the summer. Each question has a numerical answer. Make a note of this answer and get ready to add up your figures at the end. The nearest to the correct answer is the winner! Press space to start While you were away….. …the economic world continued! You are about to be reminded of 8 pieces of news from the summer. Each question has a numerical answer. Make a note of this answer and get ready to add up your figures at the end. The nearest to the correct answer is the winner! In August, the Monetary Policy Committee voted to keep interest rates at the same rate (0.5%). How many of the nine Committee members voted to keep the rate unchanged? In August, it was announced that unemployment in the UK has risen by 25,000 people. For how many consecutive quarters has unemployment risen in the UK? In August, Greece agreed a brand new bailout deal with its main creditors (including its eurozone partners). How many bailout deals have Greece now negotiated? In August, the government sold 5.4% of its stake in RBS on the stock exchange. To the nearest billion, how many billions of pounds worth of loss does this represent compared to how much the government paid for their stake when they purchased it during the financial crisis of 2008? In July, British Gas announced that profits for the first half of 2015 were double that of the same period in 2014 (£528 million). How many major firms dominate the retail energy market in the UK? Purchases from shops in UK ports and airports hit the news this summer. If I’m in a UK airport travelling to the USA, how much less should I pay for some sun cream (as a percentage of the stated price)? In August the Greek economy grew by 0.8% (for the 2nd quarter). This is the first time the Greek economy grew since 2014. Before 2014, how many years had the Greek economy been in recession? Dairy farmers have been protesting this summer over the low price of a pint of milk purchased by the major supermarkets. What price (in pence) does the National Farmers Union (NFU) suggest should be the minimum that should be paid to the farmers per pint of milk? Well done! You have a minute to work out the total. Let’s hear your answers The answer is Press space to go through answers 76 In August, the Monetary Policy Committee voted to keep interest rates at the same rate (0.5%). How many of the nine Committee members voted to keep the rate unchanged? 8 In August, it was announced that unemployment in the UK has risen by 25,000 people. For how many consecutive quarters has unemployment risen in the UK? 2 In August, Greece agreed a brand new bailout deal with its main creditors (including its eurozone partners). How many bailout deals have Greece now negotiated? 3 In August, the government sold 5.4% of its stake in RBS on the stock exchange. To the nearest billion, how many billions of pounds worth of loss does this represent compared to how much the government paid for their stake when they purchased it during the financial crisis of 2008? 1 In July, British Gas announced that profits for the first half of 2015 were double that of the same period in 2014 (£528 million). How many major firms dominate the retail energy market in the UK? 6 Purchases from shops in UK ports and airports hit the news this summer. If I’m in a UK airport travelling to the USA, how much less should I pay for some sun cream (as a percentage of the stated price)? 20 (level of VAT) In August the Greek economy grew by 0.8% (for the 2nd quarter). This is the first time the Greek economy grew since 2014. Before 2014, how many years had the Greek economy been in recession? 6 Dairy farmers have been protesting this summer over the low price of a pint of milk purchased by the major supermarkets. What price (in pence) does the National Farmers Union (NFU) suggest should be the minimum that should be paid to the farmers per pint of milk? 30