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.
Europe
The calculation is a fair assessment of the best available forecasts. But those forecasts themselves contain a high degree of uncertainty. Read
Economy, Business & Finance
Most of the numbers in a viral post about UK and EU workers’ rights are correct, but could benefit from some more context. Read
Europe
The Mirror incorrectly wrote that experts say UK GDP is expected to fall under the new Brexit deal. Read
Europe
Royston Smith claimed 90% of trade through the Port of Southampton is with non-EU countries and so under WTO terms. They’re not the same thing. Read
Europe
Government analysis estimated GDP and wages will be lower following Brexit than if the UK remained in the EU. It’s wrong to say the analysis says GDP and wages will fall, as Chuka Umunna claimed. Read
Economy, Business & Finance
Analysis says nationalisation will cost £196 billion or shareholders will suffer losses. Some outlets said both would occur. Read
Economy, Business & Finance
Reporting on the latest jobs data, the Evening Standard seemed to confuse flat wage growth with flat wages. Wages are growing at 1.9% per year in real terms. Read
Economy, Business & Finance
It incorrectly claims that child poverty is up 50%, crime is up 30%, and public sector pay is down 15%. Read
Boris Johnson did not say "we have wiped out the national debt". He did say the Conservatives had tackled the debt and deficit. Read
Economy, Business & Finance
The UK is the sixth- or ninth-richest country in terms of GDP, and the 20th- or 27th-richest in terms of GDP per capita. Read
