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.

6 March 2026

Appears on track

Government Tracker

Has the government kept the UK’s corporation tax capped at 25%?

By Nasim Asl • 2 mins

Full Fact looks at Labour’s pledge to cap corporation tax at 25% for the duration of this parliament. Read

Gov Tracker

6 March 2026

Appears on track

Government Tracker

Are living standards improving in every part of the UK?

By Hannah Smith • 2 mins

Full Fact looks at whether the government’s new ‘Plan for Change’ pledge to raise living standards in every part of the UK is on track. Read

Gov Tracker

11 February 2026

Appears on track

Government Tracker

Has the government kept its pledge not to increase VAT?

By Hannah Smith • 2 mins

Full Fact looks at what Labour promised on Value Added Tax in its manifesto. Read

Gov Tracker

18 November 2024

Achieved

Government Tracker

Have changes to the role of the OBR been set out in law?

By Hannah Smith • 2 mins

Full Fact looks at Labour’s manifesto pledge to ensure that significant fiscal events must be accompanied by an Office for Budget Responsibility report. Read

Gov Tracker