Press

NEF Chief Executive Miatta Fahnbulleh to stand down in 2023

New Economics Foundation outlines plans to recruit a new CEO in 2023

Two in five families will be unable to afford a decent standard of living by the next general election

Households unable to afford a decent living will fall short by £10,000 a year on average, according to new analysis by the New Economics Foundation

One million more households will be unable to afford the cost of essentials by April 2024

37% of families will be unable to afford the cost of essentials like putting food on the table or replacing clothes by April 2024, according to new analysis by the New Economics Foundation

Installing emergency insulation in draughty homes this winter would save families £260 a year, or £6.4bn for all households

Government could install emergency insulation in every draughty home for three quarters of the cost of freezing the energy price cap for 6 months while saving the treasury £3.2bn

Austerity policies have made European citizens €3000 a year worse-off

European governments are spending €1000 less on public and social services per person than they would have done if austerity had not been implemented

75% of children living in poverty in Elmbridge are in working families

A single parent with two children would need to be earning over £45,000 a year to cover the cost of living in Elmbridge, according to new analysis by the New Economics Foundation

Nurses unable to afford the cost of essentials like putting food on the table or replacing clothes by over £1,450 a month from next April

Newly qualified nurses will see a real terms pay cut of up to £3,800 in 2023/24 compared with 2008/09, according to new analysis by the New Economics Foundation

Budget pushes incomes of poorest families £900 below cost of basics, and boosts incomes of richest £5000 above costs

Families will be over £3000 out of pocket by April 2023 without further govt intervention

Package to support 80% of families through a new free energy entitlement, universal payment & UC energy allowance worth more than double current government support and less than half the cost of continuing to freeze the price cap

UK net-zero ambitions threatened by higher interest rates

Green private investment must increase by £140bn over the next five years to hit UK net zero goals

£9bn more could be raised through govt’s Energy Profits Levy to ease families’ bills this winter, as prices and profits continue to rise

Increasing govt’s Energy Profits Levy by 20% and removing loopholes would raise £14.3bn overall and £9.3bn more than the government’s previous estimates, over the next 12 months

Three quarters of households will see cost of living outstrip incomes by the autumn budget

The cost of living will have increased over 90% faster than incomes for the poorest quarter of households according to new analysis by the New Economics Foundation

Bank of England’s massive payment to bankers almost quadruple the amount announced in May to ease the cost of living for struggling families

Banking sector to be handed a stealth subsidy of £57bn in the next three years due to interest rate rises

Sunak’s support package will leave 23.2 million people making sacrifices on essentials like the weekly shop or replacing clothes and shoes come October

New analysis by the New Economics Foundation shows that 9 million households will be unable to afford the cost of living by £6,500 a year

2.2 million more people will need to make sacrifices on essentials like putting food on the table or replacing clothes this year

New analysis by the New Economics Foundation shows that families newly pushed into crisis are on middle incomes, with average earnings from work of £33,000 a year

Spring statement leaves 48% of all children living in families that have to make sacrifices on essentials this spring, like putting food on the table or replacing clothes and shoes

New analysis by the New Economics Foundation shows that 23.5 million people will be unable to afford the cost of living by £8,900 a year

Nearly half of all children will be living in families that have to make sacrifices on essentials this Spring, like putting food on the table or replacing clothes and shoes

New analysis by the New Economics Foundation shows that by April 2022, a third of households – 23.4 million people – will be unable to afford the cost of living by £8,600

For the same cost as renovating parliament, government could retrofit 4.4m homes, saving families at least £345 a year on energy bills

Poorest 10% of families in the UK set to be £420 a year poorer come April, even after government energy rebates and higher minimum wage