Economy, Business & Finance
Will the government meet its inflation pledge?
We’ve looked at the numbers behind the Prime Minister’s pledge to halve inflation by the end of the year. Read
Fact checks
Economy, Business & Finance
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
An estimated 250,000 children would be lifted out of poverty if the two-child benefit limit was removed
A social media post claims that 1.5 million children were pushed into poverty by the two-child limit. The estimated number in poverty because of the limit is lower. Read
Fact checks
Economy, Business & Finance
Having a sharia-compliant mortgage doesn’t mean stamp duty isn’t paid
Turning Point UK claimed that you’re exempt from paying stamp duty if you follow sharia law. Stamp duty is paid on all liable properties, even with a sharia-compliant mortgage. Read
Fact checks
Economy, Business & Finance
Sky News article wrongly claims falling inflation figures mean decline in checkout costs
It’s not necessarily the case that lower inflation means things cost less than before. Kantar’s data shows prices are still rising, but less steeply than previously. Read
Fact checks
Economy, Business & Finance
The UK’s tax revenue isn’t £40 billion less than it used to be ‘because of Brexit’
A now-corrected article in The Guardian fails to make clear that a figure estimating the impact of Brexit on UK tax revenues is based on a counterfactual analysis. Read
Fact checks
Economy, Business & Finance
Conservative and Labour claims on house building fact checked
We’ve seen a number of seemingly contradictory claims at the last two PMQs. Some are more accurate than others, but none tell the full story. Read
Fact checks
Economy, Business & Finance
Labour’s £2,900 ‘mortgage penalty’ figure refers to predicted rise for those remortgaging in 2024
The figure comes from the Resolution Foundation, but it’s not an estimate of the average increase in all mortgage payments, or an estimate for “this year”. Read
Fact checks
Economy, Business & Finance
Labour MP’s child poverty claim uses figures which aren’t comparable
Kim Johnson MP tweeted that the number of children in poverty has increased from 2.6 million to 4.2 million since 2010. Read
Fact checks
Economy, Business & Finance
Minimum wage earners haven’t seen a ‘£1,000 reduction in their tax’ compared to what they used to pay
A figure quoted by the Deputy PM actually refers to the difference between what a minimum wage earner pays now, and what they’d be paying if tax thresholds had risen with inflation since 2010. Read
Fact checks
Economy, Business & Finance
Wages are growing faster than before the pandemic, but have fallen in real terms
The Prime Minister claimed his government was delivering “the fastest wage growth in years”. Read
Fact checks
