DON'T MISS

Last week we said goodbye to our colleague and friend, Elizabeth Cox. Liz lost her battle against cancer earlier this month and her funeral last week brought colleagues together to remember her and share stories of the impact she had on many of us. This has been a huge loss for all of us who knew her and worked with her.

Liz was a constant at NEF and dedicated nearly 20 years to our cause. She was unwavering in her commitment to our mission to transform the economy so it works for people and planet. She was passionate about her work and tireless in her determination to deliver change that would have an impact.

We will miss Liz – her no-nonsense approach to life, her boundless energy and her wicked sense of humour. But I hope she will rest in peace knowing that she has left her mark in the world and a legacy at NEF that will live on for years to come.

For now, our thoughts and condolences are with her husband and family. If you would like to show your support for the Cox family then please make a donation to Marie Curie – this is at Liz’s request in lieu of flowers. Please also feel free to share your messages of support for the family, and we will pass them on. We are sure they will find strength in your kind words and in knowing how many people Liz impacted with her work.

Miatta Fahnbulleh, Chief Executive, NEF


BANKERS' BUDGET

Budget pushes incomes of poorest families below cost of basics, while boosting richest
NEF research shows the 10% poorest families are set to see annual incomes fall a further £900 below rising costs for basics, while the richest 10% will see their incomes rise by £5000 more than the increase in cost of essentials.

Does Kwasi Kwarteng’s mini-budget offer any solutions to Britain’s crises?
Miatta Fahnbulleh gave her view to the Guardian.

Why Truss and Kwarteng’s tax cuts for the rich will lower growth
Even when measured against the government’s own aims, these tax cuts are likely to fail. Jeevun Sandher writes for openDemocracy

Why we need a social rent freeze
Protect those most exposed to the cost-of-living crisis from unaffordable rent rises, writes Simon Hill.

Emergency insulation before the end of the year
Councils still have time to make sure their residents are warm this winter, explains Christian Jaccarini.

LISTEN

New Economics Podcast: How we win a new economy – a hot strike summer?
As the first week of rail strikes came to an end in June, Google searches for the phrase​“join union” had increased by 184%. After decades of union busting, wage stagnation and decimated rights, are workers finally saying enough is enough? Ayeisha Thomas-Smith is joined by the TUC​’s Sian Elliot and Sarah Jaffe, journalist and author of​“Work Won’t Love You Back”.

COMING UP

Event: Winning a Great Homes Upgrade

Event: Winning a Great Homes Upgrade
As the weather gets chilly, find out how we can win an emergency Great Homes Upgrade to keep everyone warm this winter. Speakers include Ed Miliband MP, Miatta Fahnbulleh, Olivia Blake MP and Cllr Emma Hoddinott. This event is part of the Labour conference fringe but is open to everyone. Tues 27 Sept, 5 – 6pm. Meeting room 1, Jurys Inn, 31 Keel Wharf, Liverpool, L3 4FN.

WATCH

Email your MP: Freeze social rents
Homes For Us calls on the government to freeze social rents and service charges, and to support councils and social housing providers by funding them directly. Use our tool to email your MP and ask them to respond to the government’s consultation on social rent rises.

IN THE NEWS

High-earners reap the rewards as Kwarteng ditches redistribution
Alfie Stirling was quoted in the FTs budget response. Alfie was also quoted on changes to universal credit in Politics Home.

The Guardian view on the Tory trickle up policies: redistributing to the rich
The Guardians editorial cited NEF research.

Osborne cut corporation tax but we still had lower levels of investment and productivity
Miatta gave her reflections on the Budget to Sky News. She also set out the threat to public services on LBC.

Jeevun Sandher on Sky News

This idea that massive tax cuts will lead to more growth is fairytale economics.
Jeevun Sandher spoke to Sky News and Channel 4 News.

Stamp duty slashed in mini-budget with fears it could send house prices even higher
Our reaction to the stamp duty cut featured in Metro.

This is a political budget that will boost savings in the bank accounts of the richest
Alfie Stirling spoke to ITV’s Good Morning Britain.

Mini-budget and interest rates: what to expect in a key week for the economy
Our research on windfall tax featured in The Times.

The Commission’s electricity demand reduction proposal could be ground-breaking
Socially-just climate policies require wealthy nations to scale down energy and material demand. Sebastian Mang wrote for Euractiv.

A look inside the ECB’s climate strategy
The FT covered the open letter sent to the European Central Bank by NEF and 11 civil society organisations.


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