Press

Poorest receive just 3% of chancellor’s spring budget tax giveaways

Richest 20% of households will receive 13 times more than poorest from measures announced today

Chancellor’s giveaway to the richest will leave us all paying the price

The New Economics Foundation responds to today's spring budget

National insurance cut would benefit richest households by 12 times more than poorest

Proposed tax cut would cost £4.8 billion with £2bn going to the richest households, while the poorest receive just £160 million 

Labour needs to make green investment to change people's lives

New Economics Foundation responds to Labour ditching its £28bn green investment plans

Government subsidising private landlords £70bn over next five years

Government will pay landlords in the private sector six times the expected spend on new affordable homes in the five-year period between 2021 and 2026

Number of homes insulated through government’s landmark schemes drops 40% in a single year

Government schemes have delivered just 16% of insulation measures needed to meet UK climate commitments

COP28 deal: Progress is being made at a glacial pace

New Economics Foundation responds to closing deal of COP28

No decision on fiscal rules: EU Finance Ministers putting ideology over speedier and fairer transition

The New Economics Foundation responds to EU Finance Ministers failure to reach a decision on fiscal rules

Four in ten renters paying £1,200 above advertised rate for their home

New polling shows one fifth of private tenants have also experienced rent hikes mid-way through a tenancy without their agreement

Starmer speech: Unstable UK economy won't be fixed by public spending cuts

New Economics Foundation responds to Kier Starmer's speech on the economy

Autumn statement: All regions are worse off since 2015, new analysis finds

Analysis shows that Britian has been “levelled down” despite promises to reverse regional inequalities.

Poorest households will be over £200 per week short of acceptable standard of living following Autumn Statement

Four in ten households will be unable to afford the cost of essentials like household bills or a trip to the dentist by April 2024 as the rising cost of living outstrips income growth for 60% of households

Richest households will gain 10x more than the poorest from income tax cut

For the same cost of a 1p cut to income tax, the government could increase universal credit by £20 a week and lift half a million people out of poverty, according to analysis from the New Economics Foundation

Nearly half of children under five now live in “childcare deserts”

Areas where there are more than three children for every early year’s place are more likely to be in most deprived local authorities

NEF responds to spending watchdog's criticism of levelling up spending

Chaos, moving goalposts and shifting deadlines has short-changed communities of much needed levelling up funding.

Inflation may have fallen but the cost of living crisis is going nowhere

Government could save £55bn over next five years by limiting Bank of England’s interest payments to commercial banks

The Treasury will pay out over £150bn from now until 2028 to fund Bank of England’s interest payments to commercial banks

NEF responds to latest growth figures

GDP statistics show UK is still sick man of the rich world