Get the facts: The government's role in the economy

2 July 2020

What was the New Deal?

The Prime Minister recently compared the government’s policy program to Franklin Roosevelt’s New Deal. They’re not on the same scale.

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What was the New Deal?
14 January 2020

State spending isn’t at a record high when you consider the size of the economy

Public spending amounts to around 40% of the size of the economy. It’s been smaller before. It’s also been bigger before.

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State spending isn’t at a record high when you consider the size of the economy
20 November 2019

Public spending on buses not down by half in a decade

Funding from local authorities in England (excluding London) is down 43%, and this excludes money from central government which has not seen such large falls.

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Public spending on buses not down by half in a decade
17 October 2019

There are some problems with this estimate of Labour’s nationalisation plans

Analysis says it will cost £196 billion or shareholders will suffer losses. Some outlets said both would occur.

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There are some problems with this estimate of Labour’s nationalisation plans
16 October 2019

Viral post about Conservatives’ record in government gets lots of things wrong

It incorrectly claims that child poverty is up 50%, crime is up 30%, and public sector pay is down 15%.

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Viral post about Conservatives’ record in government gets lots of things wrong
11 July 2019

Would a corporation tax cut more than pay for itself, as Jeremy Hunt suggests?

Cutting corporation tax could lead to economic growth over the long-term, but is still expected to cost more than it raises.

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Would a corporation tax cut more than pay for itself, as Jeremy Hunt suggests?
4 July 2019

£1 trillion was not spent on bailing out banks during the financial crisis

It total £137 billion was spent. And most of that money has since been recouped by the government.

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£1 trillion was not spent on bailing out banks during the financial crisis
12 June 2019

Was foreign aid money spent on an airport that doesn’t run flights?

St Helena airport didn’t run commercial flights between its opening in May 2016 and October 2017, but now runs flights to Ascension Island and South Africa.

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Was foreign aid money spent on an airport that doesn’t run flights?
23 May 2019

What happened to council funding, welfare spending and police numbers under the Coalition?

Andrew Marr correctly quoted a number of figures on reductions in welfare spending, council funding and police numbers under the Coalition, during an interview on his show.

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What happened to council funding, welfare spending and police numbers under the Coalition?
1 March 2019

What happens to the money from National Insurance Contributions?

Surplus funds from National Insurance Contributions in the UK are currently invested towards reducing the national debt.

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What happens to the money from National Insurance Contributions?

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