Prices
Fact checks related to the economy in the UK, spending, house prices, public transport, and inflation measures such as the CPI and RPI
Liberal Democrat analysis of Rishi Sunak’s first 100 days contains several flaws
The party claimed that an average household got £1,200 poorer during the Prime Minister’s first 100 days. But the calculation that produced this figure is not reliable.
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Ed Davey left out important context about energy bills
Yes, annual household bills will rise about £500 in October, but people will also receive a £400 discount under the Energy Bills Support Scheme.
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Telegraph miscalculates the cost of working from home
Its estimate that on average working from home will add £2,500 a year to energy bills was flawed, and there are other questions around its calculations too.
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Labour’s £29 billion plan would not fully cover the cost of freezing the energy price cap
Freezing the price cap would require roughly £8 billion more funding, according to the IFS.
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Real wages fall sharply—but not by ‘record’ amount when using best measure
When you look at people’s total pay—including bonuses—the most recent fall in real wages is not a record, although it is very large.
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Labour’s energy price freeze: fact checked
There appear to be some errors in the calculations in Labour’s plan to freeze the energy price cap, which might mean that it isn’t “fully-funded” after all.
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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.
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Are petrol and diesel taxed in Gibraltar?
There is no VAT in Gibraltar, but there is fuel duty.
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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 …
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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 …
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