The government's role in the economy

Fact checks related to national economic programmes including leveling up, the New Deal and nationalisation

4 July 2019

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

The government spent £137 billion on bailing out banks during the financial crisis. Around £1 trillion worth of guarantees were provided to investors, but this does not amount to actual …

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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 to reduce the national debt.

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What happens to the money from National Insurance Contributions?
6 November 2018

Are we saving £1,205 a year in income tax?

A basic rate taxpayer will pay around £940 less in 2019/20 compared to 2010/11, once you factor in how prices have changed over that time.

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Are we saving £1,205 a year in income tax?
2 November 2018

BBC Question Time: Recap and Factcheck

Question Time on 1 November came from Clacton-on-Sea. Topics covered included income tax changes, austerity, early elections, policing priorities, and the impact of the investigation into Arron Banks.

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BBC Question Time: Recap and Factcheck
2 November 2018

Would Labour borrow a trillion pounds?

The claim that Labour's manifesto promises would cost a trillion pounds is not a fully costed estimate, and we don't know if it refers to spending increases or total spending.

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Would Labour borrow a trillion pounds?
2 November 2018

Water rip-off? Are water bills up 40% since privatisation?

Water bills rose sharply after privatisation in 1989 but have been falling slightly in recent years, due to regulatory oversight.

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Water rip-off? Are water bills up 40% since privatisation?
30 October 2018

Budget 2018: three things we learned

What does the 2018 budget mean for austerity, income tax, and taxes on digital companies?

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Budget 2018: three things we learned
26 October 2018

BBC Question Time: Recap and Factcheck

Question Time on 25 October 2018 came from Barrow-in-Furness. Topics covered included Brexit, austerity, Trident and non-disclosure agreements.

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BBC Question Time: Recap and Factcheck

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