Category: Business

• 10/02/2023

  What caused Thomas Cook’s collapse?

  Thomas Cook: the bastion of British high street travel agents, the oldest holiday company in the world and a business that collapsed in 2019 as a result of severe financial issues. The company was founded in 1841 by Thomas Cook in Leicestershire with its first organised excursion being a day trip from Leicester to Loughborough…
• 03/02/2023

  Bank of England rises base rate to 4%

  In response to the current spiraling inflation and cost of living crisis, the Bank of England has risen the UK base rate to 4% but what does this mean for your finances and the economy as a whole? We are in an almost unprecedented financial situation with inflation at a sustained high level and the…
• 28/01/2023

  Why did DriveTribe fail?

  A year ago today, the digital content website DriveTribe shut down leaving millions of disappointed users in its wake. Despite a thriving community, behind the scenes the company ran by the Top Gear trio was in financial disarray but why did it fail? Could it have been saved? Or was it doomed from the outset?…
• 20/01/2023

  The real story behind ‘Bank of Dave’

  The ‘Bank of Dave’ has become the number 1 film on Netflix in a week of its release, but how much of what was portrayed really happen? How much is fact and how much is fiction? How much did Netflix exaggerate the story of Burnley’s best known ‘have-a-go hero’? Dave Fishwick is a serial entrepreneur…
• 16/01/2023

  The business of F1

  Formula One, the pinnacle of motorsports, an market worth millions of pounds yet a lot of F1 teams aren’t particularly profitable. Although the ultimate goal in motorsports is to win races, in order for the teams to survive they need to be lean, efficient businesses. In this article we will mainly focus on the team…
• 12/01/2023

  Why are free trials so effective?

  Free trials have become almost ubiquitous in the world of online services but why do they work? What makes us so susceptible to free trials? If they’re so good why are big companies stopping them? Since the dawn of online services, companies have offered us free trials to try and hook us into their system…
• 06/01/2023

  The innovation, rise (and possible fall) of Netflix

  Netflix: the business with over $5 billion dollars in profits, 220 million subscribers and history that involved constant innovation. Their story is one of beating their competitors, becoming dominant and then being under threat from the competition once again but this time whether they will come out on top is less certain. The story of…
• 31/12/2022

  Book Review: ‘Can’t we just print more money?’

  Economics is all around us, yet vast swathes of the population don’t really understand how it works and that’s a pretty fundamental problem given the situation our world is facing. To try and rectify the problem that is the lack of economic understanding in our nation, two senior employees from the Bank of England (Rupal…
• 30/12/2022

  ‘A New Dawn’ for Hyundai

  Hyundai have been in the UK since 1982 when the Pony was launched, since then they have grown from humble origins to become one of the most popular car manufacturers in the country. However, Hyundai suffered from an image problem over the years. Many people thought they meant cheap, boring cars that were pretty awful…
• 17/12/2022

  What’s behind Joules’ change of name?

  Joules, the decades old, quintessentially British country fashion brand was recently bought out of administration by a group of investors including founder Tom Joule and high street retailer Next. Following rescuing the brand from the fiscal precipice, the new owners have made the decision to reinvent the company as ‘The Harborough Hare Limited’ with this…