Unit 3 Micro: Post Office Threatens Smaller Photo Businesses
As the Royal Mail moves towards an initial public offering the business is searching for as many ways as possible of expanding their revenue base to maintain the viability of hundreds of local post offices. One service is the lucrative market for passport and driving licence photos - a product that I suspect has a fairly low price elasticity of demand, I paid £5 for 5 photos in a train station the other week! This Channel 4 news video looks at the battle between the Post Office and independent private sector photo retailers who claim the government is skewing the market against independent shops by giving the Post Office a contract to renew driving licences and threatening to do the same for passports.
From bond yields to coupons; from the PRA to the FCA. The new A Level Economics specifications from Sept 2015 include more substantial coverage of financial markets. This resource-packed CPD course will help you quickly get up to speed with the new teaching content and provide you with lesson resources you can use straightaway.