Prices

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

8 April 2022

Keir Starmer wrong to say families will be £2,620 worse off this year

Labour’s estimates do not include rises in wages or benefits, and contain several unreliable assumptions.

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Keir Starmer wrong to say families will be £2,620 worse off this year
1 April 2022

2,612% rise in food bank use under David Cameron needs context

The Trussell Trust did provide about 27 times more food parcels at the end of David Cameron’s time in office than it had at the beginning—but this doesn’t mean food …

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2,612% rise in food bank use under David Cameron needs context
18 March 2022

Why is petrol more expensive now than it was 15 years ago?

International oil prices recently reached similar levels to 2008, but pump prices haven’t dropped to what they were back then.

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Why is petrol more expensive now than it was 15 years ago?
10 February 2022

Mirror’s claim that households will be £2,000 a year poorer overstates impact of inflation

Its estimate combined various price rises and the fall in real wages. But this effectively counts some rising prices twice.

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Mirror’s claim that households will be £2,000 a year poorer overstates impact of inflation
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.

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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.

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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.

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Gambling spend down since 2008 on average
2 March 2020

Bus fares have risen faster than wages since 2010

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

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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.

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Labour claims about savings under their policies are not credible
11 September 2019

The price of Freddos has risen five times faster than inflation

The price of Freddos has risen much faster than inflation, and so has the value of the minimum wage.

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The price of Freddos has risen five times faster than inflation

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