You are about to be presented with 9 images and questions relating to news stories from over the summer. You have 3 minutes to answer the associated questions. GOOD LUCK! Who’s this? What did we find out about net migration in the UK? What happened to UK unemployment? What happened to Tesco share prices? Who are these two men? What happened to interest rates? What happened to average grades in A level exams? Why was Christine Lagarde in the news? What happened to predicted economic growth? Who’s this? Vladimir Putin - President of Russia. Russian aggression in Ukraine has increased tension with Western countries such as the US and UK What impact could the conflict have on UK fuel prices? What happened to UK unemployment? Latest figures (released in August) show a fall to 2.08 million people unemployed in the UK What would you do next to reduce unemployment further? What did we find out about net migration in the UK? Net migration into the UK increased by more than 38% to 243,000 in 2013-14 Give an advantage and a disadvantage of this increase in immigration? Why was Christine Lagarde in the news? She is being investigated for possible fraud for actions undertaken before she became the head of the International Monetary Fund (IMF) Why is the reputation of its leader important to the IMF? What happened to predicted economic growth? The UK economy will grow faster than expected this year and next, according to the British Chambers of Commerce (BCC) – the UK economy should grow by 3.2% rather than 3.1%. What is the impact of an inaccurate prediction? What happened to interest rates? UK interest rates held at 0.5% for another month. Although two members of the MPC voted for a rate rise. Why are interest rates remaining low? What happened to average grades in A level exams? There has been a slight fall in A* and A grades and the pass rate is down for the first time in over 30 years. What is the impact on the economy of lower achieving A level students? What happened to Tesco share prices? A continual fall in prices means that share values in Tesco are now at an 11 year low. Profits are also falling. What does this tell us about competition in the supermarket market? Who are these two men? Alex Salmond (First Minister of Scotland) and Alistair Darling. Both have met recently to front televised debates on Scottish Independence. What could be the impact of Scottish Independence on the economy of England? Good luck with your studies this year from the Tutor2u team.