Prices

Fact checks related to the economy in the UK, spending, house prices, public transport, and inflation measures such as the CPI and RPI

25 August 2021

Facebook post makes incorrect claims about TV licence fee non-payment

A Facebook post claims £50 million has been lost in licence fee payments this year.

Facebook post makes incorrect claims about TV licence fee non-payment

29 March 2021

House price growth has outstripped income growth—but not by much

A chart on Facebook compares two different measures, which makes the rise in income look smaller than it was.

House price growth has outstripped income growth—but not by much

5 March 2020

Gambling spend down since 2008 on average

Licensed gambling has grown 40% over the last decade. However, this is largely because before 2014 non-UK online gambling firms weren’t counted.

Gambling spend down since 2008 on average

2 March 2020

Bus fares have risen faster than wages since 2010

The Labour leadership candidate said that bus fares have risen 60% in 10years, which is correct using one estimate, but doesn’t take the change in wages into account.

Bus fares have risen faster than wages since 2010

4 December 2019

Labour claims about savings under their policies are not credible

These figures are not credible and do not represent what “average families” will save under Labour’s policies.

Labour claims about savings under their policies are not credible

11 September 2019

The price of Freddos has risen five times faster than inflation

A humorous post compares the rise in price of Freddos to increases in the minimum wage. Both have risen above inflation over the last two decades.

The price of Freddos has risen five times faster than inflation

11 December 2018

Wage growth is only the fastest in a decade if you ignore inflation

Weekly wages in cash terms are rising at their fastest rate in a decade. But accounting for inflation it’s only the fastest for two years.

Wage growth is only the fastest in a decade if you ignore inflation

2 November 2018

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

Bills rose sharply after privatisation in 1989 but have been falling slightly in recent years.

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

1 November 2018

How have wages changed over the past decade?

The UK average weekly wage has fallen from around £540 to £520 in real terms over the past 10 years. Wages have levelled off since 2016.

How have wages changed over the past decade?

11 July 2018

The government hasn’t u-turned on energy price caps

The government did introduce legislation to allow for temporary energy tariff caps, as promised in the 2017 Conservative manifesto.

The government hasn’t u-turned on energy price caps

Prices

Facebook post makes incorrect claims about TV licence fee non-payment

House price growth has outstripped income growth—but not by much

Gambling spend down since 2008 on average

Bus fares have risen faster than wages since 2010

Labour claims about savings under their policies are not credible

The price of Freddos has risen five times faster than inflation

Wage growth is only the fastest in a decade if you ignore inflation

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

How have wages changed over the past decade?

The government hasn’t u-turned on energy price caps

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