The economy
Fact checks about the economy, covering levels of inequality, prices, taxation, employment, unemployment and housing across the UK nations and regions
Rishi Sunak’s GDP growth claim based on long-term forecasts
The Prime Minister claimed the UK is forecast to have better growth than Italy, France and Germany—but this is only true when looking at long-term projections.
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Keir Starmer’s claim about first-time buyers’ deposits based on estimate of future increases
The £9,000 figure he quoted is actually a consultancy estimate apparently showing the extra savings required for a first-time buyer’s “typical” deposit by 2030.
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The Liberal Democrats, SNP and Plaid Cymru all pledge to immediately restore the overseas aid target
Liberal Democrat leader Ed Davey claimed his is “the only party” calling for spending on foreign aid to be restored to 0.7% of Gross National Income.
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Youth unemployment no longer at historic low
The rate reached its lowest level last summer but has been rising ever since.
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The UK doesn’t have more job vacancies than unemployed people
A column by former work and pensions secretary Chloe Smith was corrected after we contacted the MP about the error.
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Was Rishi Sunak’s new claim about a house building record accurate?
The Prime Minister claimed house building has hit a record high under the current government.
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Conservatives’ estimate that Labour plans would create a ‘£90 billion black hole’ is unreliable
The Conservative Party claims that Labour has pledged £90 billion worth of unfunded spending commitments. We’ve looked into how it reached this figure.
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Newspapers and health minister understate junior doctors’ pay demand
Junior doctors are asking for a pay rise of about 35%—not 26%, which is how much their union says their pay has fallen by since 2008-9.
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Viral ‘average energy cost’ Europe price list is not what it seems
The list, which has been retweeted by a Labour MP, shows wholesale prices of electricity for a single hour in December 2022.
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SNP's claim that Liz Truss’s government cost UK economy £30bn is not reliable
This figure represents an old estimate of the likely cost to the Treasury. The cost to the economy cannot be reliably measured.
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