Economics in the News (2nd October 2020)

Question 1

Which of these businesses did not announce plans to close outlets with the loss of many jobs?

Accepted Answer

B&M

Question 2

The government says that people will get free access to a training course if they do not have?

Accepted Answer

An A Level or equivalent qualification

Question 3

Amazon estimates 20,000 workers in the US have contracted Covid-19 since March. How many people do they employ in total?

Accepted Answer

1,400,000

Question 4

UK beef exports to the USA will resume for the first time since the Mad Cows scandal in which decade?

Accepted Answer

1990s

Question 5

Which telecoms firm has won a contract to provide 5G infrastructure in place of Huawei?

Accepted Answer

Nokia

Question 6

Asda has been bought by which billionaire brothers in £6.8bn deal

Accepted Answer

Zuber and Mohsin Issa

Question 7

From the 1st October 2020, it is illegal for businesses in England to sell or supply

Accepted Answer

Plastic stirrers, Plastic straws, Plastic-stemmed cotton buds

Question 8

A train powered by what took a maiden journey on the UK rail network this week?

Accepted Answer

Hydrogen

Question 9

Subway (Ireland) has been told their hot sandwiches must now be taxed because they contain too much?

Accepted Answer

Sugar

Question 10

Which country voted in a referendum to continue free movement of labour with the EU?

Accepted Answer

Switzerland

Question 11

Which university has announced it will cut all of their fossil fuel investments by 2030?

Accepted Answer

Cambridge

Question 12

Which grocer has overtaken Tesco to be the UK's biggest in terms of stock market value?

Accepted Answer

Ocado

Questions 12