Fact checks related to the economy in the UK, spending, house prices, public transport, and inflation measures such as the CPI and RPI
Economy, Business & Finance
Its estimate combined various price rises and the fall in real wages. But this effectively counts some rising prices twice. Read
Economy, Business & Finance
A Facebook post claims £50 million has been lost in licence fee payments this year. Read
A chart on Facebook compares two different measures, which makes the rise in income look smaller than it was. Read
Economy, Business & Finance
Licensed gambling has grown 40% over the last decade. However, this is largely because before 2014 non-UK online gambling firms weren’t counted. Read
Economy, Business & Finance
Lisa Nandy said that bus fares have risen 60% in 10 years, which is correct using one estimate, but doesn’t take the change in wages into account. Read
These figures are not credible and do not represent what “average families” will save under Labour’s policies. Read
The price of Freddos has risen much faster than inflation, and so has the value of the minimum wage. Read
Economy, Business & Finance
Weekly wages in cash terms are rising at their fastest rate in a decade. But accounting for inflation it’s only the fastest for two years. Read
Economy, Business & Finance
Water bills rose sharply after privatisation in 1989 but have been falling slightly in recent years, due to regulatory oversight. Read
Economy, Business & Finance
The government did introduce legislation to allow for temporary energy tariff caps, as promised in the 2017 Conservative manifesto. Read
