We check facts about the UK economy. This includes money issues like prices, taxes, jobs, people out of work, and housing. We also look at how these things are different in each part of the UK.
Economy, Business & Finance
Britain has a productivity problem. Although on average we work longer hours than Germany and France, we actually produce less per worker than they do... Read
Economy, Business & Finance
"Five years ago, the budget deficit was more than 10 per cent of GDP, the highest in our peacetime history […] today, the deficit is half that level and debt … Read
Immigration
A look at what welfare benefits immigrants are entitled to in the UK. Read
Economy, Business & Finance
Read the IFS's full report on the manifestos here. The IFS is Britain's leading independent microeconomic research institute. The commentary that follows has been produced independently of Full Fact. All … Read
Education
About 8 million working age adults have 'below-functional' numeracy skills and about 5 million have 'below-functional' literacy skills in England. Read
Economy, Business & Finance
We usually measure the performance of the UK economy by looking at Gross Domestic Product (GDP). This measures the value of all the final goods and services produced within the … Read
Economy, Business & Finance
Most of the government's tax revenue comes from income tax, national Insurance and VAT. In 2015/16, most UK taxpayers don't have to pay tax on the first £10,600 of their … Read
Economy, Business & Finance
"We inherited a deficit forecast to be worse than Greece's" — David Cameron, 26 March 2015 "The budget deficit was forecast to be bigger than the budget deficit in Greece" … Read
Economy, Business & Finance
There are now just over 31 million people in work. 73.4% of people aged 16-64 are employed, the highest rate since records began. And 1.84 million people are unemployed, giving … Read
Economy, Business & Finance
The deficit measures the gap between money going into government, and money going out. If the government spends more than it receives, it is in deficit. Otherwise it is in … Read
