Get the facts on the economy

Fact checks about the economy, covering levels of inequality, prices, taxation, employment, unemployment and housing across the UK nations and regions

Get the facts on… Transport Budget 2024 Welfare

Transport

Fact checks related to transport, including public transport, airport expansion, HS2, rail fares and ticket prices

Budget 2024

Get impartial information from our fact checks of Rachel Reeves’ autumn budget.

Welfare

Fact checks related to the welfare of the country, the welfare state, state spending, poverty and pensions

Latest the economy fact checks

Annual spending on state pensions is only set to increase by £31 billion by the end of this parliament
17 April 2025

Two ministers’ claims last week about the extra amount which will be spent on protecting the triple lock are potentially misleading

Sadiq Khan has not proposed to build 40,000 new council homes ‘specifically prioritised for Muslims’
1 April 2025

The claim has been shared widely on social media platforms, but it is not accurate.

BBC podcast corrects claim that tax fraud is ‘30 times larger’ than benefit fraud
31 March 2025

The BBC has removed an inaccurate claim made on its Strong Message Here podcast after Full Fact got in touch.

See all the economy fact checks

Tax

Fact checks focussed on tax and the UK economy

Jobs and work

Fact checks related to the employment rate, unemployment, pensions and the gender pay gap

The government’s role in the economy

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

Debt and deficit

Fact checks related to policies of austerity and public and national debt

Prices

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

Brexit

Fact checks looking at the impact and reported impact of brexit on the UK economy

Homes

Fact checks related to house prices, the number of new homes built, landlords and private renting

Cost of living

Fact checks related to the cost of living in the UK