Get the facts on the economy
Fact checks about the economy, covering levels of inequality, prices, taxation, employment, unemployment and housing across the UK nations and regions
Get the facts on… Inequality in the UK Debt and deficit Brexit
Latest the economy fact checks
HS2 has not cost £100 billion to date
While the estimated cost of the project has increased substantially since 2009, as of last year £27 billion has been spent, and total estimates are now significantly less than £100 …
Debt isn’t ‘cleared’ if an offer of payment in cash is refused
Cash is ‘legal tender’ but there’s no obligation for shops and businesses to accept it. Just offering cash doesn’t clear a debt.
Employees do not pay 12% in National Insurance
Since January, National Insurance payments have been 10% of an employee’s salary, though this will be 8% from April.