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
At last week’s PMQs, the new Prime Minister claimed a record number of new homes were built in the last year—but we’ve not found any evidence to support this. Read
Posts on social media overcount and double count Scottish revenues while undercounting Scottish expenditure. Read
Economy, Business & Finance
Our analysis using Full Fact’s AI media-monitoring software has found more than 100 potentially misleading claims about the government’s Energy Price Guarantee—which is a cap on prices, not bills. Read
Economy, Business & Finance
They are allowed to claim back up to £115,000 each year for the costs associated with continuing public duties—but it’s not a “salary”. Read
Economy, Business & Finance
Sir Iain Duncan Smith claimed the Bank of England sold ‘some £80 billion in gilts’ around the time of the mini-budget announcement on 23 September. This didn’t happen. Read
Economy, Business & Finance
Jacob Rees-Mogg strenuously denied that the new government policy proposal is a windfall tax during an appearance on the Today programme. Read
Economy, Business & Finance
Scotland produces about as much renewable electricity as the total amount of electricity it consumes—but it also generates electricity from nuclear power stations and fossil fuels. Read
Economy, Business & Finance
The level of public spending is higher than its level of contribution to the UK economy. Read
Economy, Business & Finance
Sir Keir Starmer said mortgages are going up as “a direct consequence” of the mini-Budget. But much of the rise estimated by Labour is due to rates climbing earlier. Read
Economy, Business & Finance
Claims that the government had spent £65 billion have been shared extremely widely on social media. Read
