The economy

Fact checks about the economy, covering levels of inequality, prices, taxation, employment, unemployment and housing across the UK nations and regions

23 June 2022

Which train operating companies are run by other countries’ governments?

A list spreading on Facebook claims 17 train operators are fully or partly owned by state-run companies from abroad. But the list is out of date.

Read more…
Which train operating companies are run by other countries’ governments?
22 June 2022

Average salary of workers involved in RMT national rail strike is not £44,000

Figures for the salary of rail workers mentioned by transport secretary Grant Shapps are not representative of those involved in the national rail strike.

Read more…
Average salary of workers involved in RMT national rail strike is not £44,000
21 June 2022

Popular tips on filling cars with petrol don’t offer big savings

A widely-circulated selection of tips on how to save money when filling your car is unlikely to provide any economic benefit.

Read more…
Popular tips on filling cars with petrol don’t offer big savings
20 June 2022

Child self-harm numbers in the Guardian, Mirror and Independent don’t reflect survey’s actual findings

About 3% of parents taking part in a survey said their children had begun to self-harm in response to the cost of living crisis.

Read more…
Child self-harm numbers in the Guardian, Mirror and Independent don’t reflect survey’s actual findings
17 June 2022

The EU did not completely outlaw use of imperial measures in the UK

Claims that the EU forced the UK to adopt the metric system and made the use of imperial measures illegal are not entirely true.

Read more…
The EU did not completely outlaw use of imperial measures in the UK
17 June 2022

No evidence of a ‘plan’ to cause travel disruption

We can find no evidence to support claims that travel disruption at airports is part of a deliberate attempt to stop people travelling. And there’s plenty of evidence for staff …

Read more…
No evidence of a ‘plan’ to cause travel disruption
16 June 2022

Are petrol and diesel taxed in Gibraltar?

There is no VAT in Gibraltar, but there is fuel duty.

Read more…
Are petrol and diesel taxed in Gibraltar?
16 June 2022

Living expense calculations ignore that not all income is taxed

A Facebook post showing the average take home pay of someone earning minimum wage does not account for the fact that people do not pay tax on all of their …

Read more…
Living expense calculations ignore that not all income is taxed
16 June 2022

Crude oil is not cheaper in pounds now than in 2008

A Facebook post inaccurately claims that oil was more expensive in pounds in 2008 while fuel was cheaper. In fact, both crude oil and fuel were cheaper in pounds in …

Read more…
Crude oil is not cheaper in pounds now than in 2008
15 June 2022

June’s pay figures: explained

Figures published by the ONS showing a 2.2% fall in earnings do not account for bonuses, although there are a number of different figures available.

Read more…
June’s pay figures: explained

Full Fact fights bad information

Bad information ruins lives. It promotes hate, damages people’s health, and hurts democracy. You deserve better.