New Economics Foundation
@neweconomics.bsky.social
Change the rules. Share the wealth. Protect the planet.
This debacle is a prime example of the flaws in our fiscal framework.
The chancellor's decisions were driven by fear of a "fiscal black hole" (based on her own arbitrary debt and spending rules) that hasn't even materialised. www.thetimes.com/uk/politics/...
The chancellor's decisions were driven by fear of a "fiscal black hole" (based on her own arbitrary debt and spending rules) that hasn't even materialised. www.thetimes.com/uk/politics/...
Keir Starmer and Rachel Reeves ‘misled cabinet to justify budget tax rises’
MPs demand answers as ministers say the chancellor convinced them the public finances were in a dire state when in fact she knew that forecasts had improved
www.thetimes.com
December 1, 2025 at 11:33 AM
This debacle is a prime example of the flaws in our fiscal framework.
The chancellor's decisions were driven by fear of a "fiscal black hole" (based on her own arbitrary debt and spending rules) that hasn't even materialised. www.thetimes.com/uk/politics/...
The chancellor's decisions were driven by fear of a "fiscal black hole" (based on her own arbitrary debt and spending rules) that hasn't even materialised. www.thetimes.com/uk/politics/...
Don't miss your chance to join our team and work towards ending the housing crisis! Deadline for applications is midnight on Sunday. Find out more and apply: neweconomics.org/about/work-w...
November 28, 2025 at 10:02 AM
Don't miss your chance to join our team and work towards ending the housing crisis! Deadline for applications is midnight on Sunday. Find out more and apply: neweconomics.org/about/work-w...
Were financial lobbyists the real winners of the #AutumnBudget? Why didn't the chancellor touch the banks' record profits?
Don't miss this very special crossover episode of the New Economics Podcast, @macrodosepod.bsky.social and Over the Top and Under the Radar.
linktr.ee/neweconomics...
Don't miss this very special crossover episode of the New Economics Podcast, @macrodosepod.bsky.social and Over the Top and Under the Radar.
linktr.ee/neweconomics...
November 27, 2025 at 4:50 PM
Were financial lobbyists the real winners of the #AutumnBudget? Why didn't the chancellor touch the banks' record profits?
Don't miss this very special crossover episode of the New Economics Podcast, @macrodosepod.bsky.social and Over the Top and Under the Radar.
linktr.ee/neweconomics...
Don't miss this very special crossover episode of the New Economics Podcast, @macrodosepod.bsky.social and Over the Top and Under the Radar.
linktr.ee/neweconomics...
The autumn budget: now the dust has settled, what's the verdict? NEF's chief economist sets the record straight.
November 27, 2025 at 3:02 PM
The autumn budget: now the dust has settled, what's the verdict? NEF's chief economist sets the record straight.
Feeling bamboozled by the #AutumnBudget? Tune into this very special crossover episode of the New Economics Podcast, alongside @macrodosepod.bsky.social and Over the Top Under the Radar.
Out now!
Out now!
November 27, 2025 at 11:37 AM
Feeling bamboozled by the #AutumnBudget? Tune into this very special crossover episode of the New Economics Podcast, alongside @macrodosepod.bsky.social and Over the Top Under the Radar.
Out now!
Out now!
NEW: Yesterday's #AutumnBudget raised taxes mainly to increase the chancellor's headroom, as an offering to jittery bond markets.
But the cumulative tax rises risk being wiped out by the worth of losses the Bank of England due to its active sales from quantitative tightening. 1/
But the cumulative tax rises risk being wiped out by the worth of losses the Bank of England due to its active sales from quantitative tightening. 1/
November 27, 2025 at 11:17 AM
NEW: Yesterday's #AutumnBudget raised taxes mainly to increase the chancellor's headroom, as an offering to jittery bond markets.
But the cumulative tax rises risk being wiped out by the worth of losses the Bank of England due to its active sales from quantitative tightening. 1/
But the cumulative tax rises risk being wiped out by the worth of losses the Bank of England due to its active sales from quantitative tightening. 1/
The #AutumnBudget cut funding to upgrade the draughtiest homes. It potentially leaves thousands of low-income households stranded in cold homes and denies them the permanent savings that energy-efficiency reliably delivers, said @chaitanyakumar.bsky.social
www.independent.co.uk/news/uk/home...
www.independent.co.uk/news/uk/home...
Will the Budget slash £150 off my energy bill? Reeves makes bold pledge
Some climate campaigners have criticised the move by Rachel Reeves to cut green levies
www.independent.co.uk
November 27, 2025 at 10:37 AM
The #AutumnBudget cut funding to upgrade the draughtiest homes. It potentially leaves thousands of low-income households stranded in cold homes and denies them the permanent savings that energy-efficiency reliably delivers, said @chaitanyakumar.bsky.social
www.independent.co.uk/news/uk/home...
www.independent.co.uk/news/uk/home...
Reposted by New Economics Foundation
In today's Budget speech the Chancellor acknowledged that freezing tax thresholds will affect "working people" (mentioned only 5 times in today's speech). I do wish she had gone further on taxing those who don't need to work & looked again at her choice framework www.theguardian.com/commentisfre...
Increase taxes for working people, or make the super-rich pay their fair share? The answer seems obvious – but not to Labour | Dhananjayan Sriskandarajah
Rachel Reeves has unnecessarily blocked her options of what to include in her budget, says Dhananjayan Sriskandarajah of the New Economics Foundation
www.theguardian.com
November 26, 2025 at 6:01 PM
In today's Budget speech the Chancellor acknowledged that freezing tax thresholds will affect "working people" (mentioned only 5 times in today's speech). I do wish she had gone further on taxing those who don't need to work & looked again at her choice framework www.theguardian.com/commentisfre...
Reposted by New Economics Foundation
1/5 Government recognising this budget that the Bank of England can't solve inflation alone is a step towards stronger monetary-fiscal coordination that NEF has been calling for some time: t.co/yc4IEFFamD
November 26, 2025 at 5:21 PM
1/5 Government recognising this budget that the Bank of England can't solve inflation alone is a step towards stronger monetary-fiscal coordination that NEF has been calling for some time: t.co/yc4IEFFamD
A decade of national renewal? Not exactly.
The chancellor's public investment plans don't come close to our historic investment levels.
Underinvestment has left us with sewage in our rivers, constant railway disruptions, crumbling schools and a shortage of hospital beds.
The chancellor's public investment plans don't come close to our historic investment levels.
Underinvestment has left us with sewage in our rivers, constant railway disruptions, crumbling schools and a shortage of hospital beds.
November 26, 2025 at 4:59 PM
A decade of national renewal? Not exactly.
The chancellor's public investment plans don't come close to our historic investment levels.
Underinvestment has left us with sewage in our rivers, constant railway disruptions, crumbling schools and a shortage of hospital beds.
The chancellor's public investment plans don't come close to our historic investment levels.
Underinvestment has left us with sewage in our rivers, constant railway disruptions, crumbling schools and a shortage of hospital beds.
The Chancellor's tax rises will be vastly outsized by the cost of covering Bank of England losses.
Reforming our approach to this could free up billions to spend on public services.
Reforming our approach to this could free up billions to spend on public services.
November 26, 2025 at 4:14 PM
The Chancellor's tax rises will be vastly outsized by the cost of covering Bank of England losses.
Reforming our approach to this could free up billions to spend on public services.
Reforming our approach to this could free up billions to spend on public services.
It's right that electric vehicle owners pay their fair share of taxes - and our analysis of the new pay-per-mile levy introduced today reveals it will target the wealthiest households the most.
November 26, 2025 at 3:13 PM
It's right that electric vehicle owners pay their fair share of taxes - and our analysis of the new pay-per-mile levy introduced today reveals it will target the wealthiest households the most.
Reacting to the chancellor’s autumn budget, our chief executive, @dhnnjyn.bsky.social, warns that revenue from tax rises will largely not improve living standards or public services.
Read our statement in full: neweconomics.org/2025/11/autu...
Read our statement in full: neweconomics.org/2025/11/autu...
November 26, 2025 at 2:08 PM
Reacting to the chancellor’s autumn budget, our chief executive, @dhnnjyn.bsky.social, warns that revenue from tax rises will largely not improve living standards or public services.
Read our statement in full: neweconomics.org/2025/11/autu...
Read our statement in full: neweconomics.org/2025/11/autu...
Reposted by New Economics Foundation
Thoughts on the Chancellor's big, hugely consequential budget. The fiscal headroom chatter will be put to rest for a couple of years (despite the arbitrariness of these targets) but some key energy and cost of living decisions in the budget. Thoughts below 👇
November 26, 2025 at 1:47 PM
Thoughts on the Chancellor's big, hugely consequential budget. The fiscal headroom chatter will be put to rest for a couple of years (despite the arbitrariness of these targets) but some key energy and cost of living decisions in the budget. Thoughts below 👇
Frustrating to see the fuel duty cut extended again. This is a policy that benefits the richest households much more than the poorest as they spend more on petrol. That's without even accounting for the environmental impact.
November 26, 2025 at 1:47 PM
Frustrating to see the fuel duty cut extended again. This is a policy that benefits the richest households much more than the poorest as they spend more on petrol. That's without even accounting for the environmental impact.
Reposted by New Economics Foundation
According to OBR "curtain raiser" the Budget will increase taxes by £26 billion by 29/30 but a huge proportion of these changes (£18 billion) allocated to doubling headroom. Surely this is the moment to invest more in public services and helping people with the cost of living?
November 26, 2025 at 12:35 PM
According to OBR "curtain raiser" the Budget will increase taxes by £26 billion by 29/30 but a huge proportion of these changes (£18 billion) allocated to doubling headroom. Surely this is the moment to invest more in public services and helping people with the cost of living?
👀Looks like this government is scrapping the two child limit! This is good news for the thousands of children who will be lifted out of poverty and for the economy. Previous NEF analysis found this would reduce the economic cost of child poverty by £3.2bn a year.
November 26, 2025 at 12:36 PM
👀Looks like this government is scrapping the two child limit! This is good news for the thousands of children who will be lifted out of poverty and for the economy. Previous NEF analysis found this would reduce the economic cost of child poverty by £3.2bn a year.
Reposted by New Economics Foundation
It's budget day! I hope the Chancellor can deliver a plan that tackles the structural problems in our economy and reduces inequality. Here are the five things that I'd like to see happen today.
November 26, 2025 at 10:44 AM
It's budget day! I hope the Chancellor can deliver a plan that tackles the structural problems in our economy and reduces inequality. Here are the five things that I'd like to see happen today.
This piece on the OBR echoes what we've been saying for a while: it's an institution that faces insufficient democratic accountability.
We have a plan for a new model: an Office for Fiscal Transparency. 1/3
www.bbc.co.uk/news/article...
We have a plan for a new model: an Office for Fiscal Transparency. 1/3
www.bbc.co.uk/news/article...
The difficult question about how powerful the Budget watchdog is
Ahead of this week's Budget, some have accused the Office for Budget Responsibility of being a
www.bbc.co.uk
November 25, 2025 at 3:16 PM
This piece on the OBR echoes what we've been saying for a while: it's an institution that faces insufficient democratic accountability.
We have a plan for a new model: an Office for Fiscal Transparency. 1/3
www.bbc.co.uk/news/article...
We have a plan for a new model: an Office for Fiscal Transparency. 1/3
www.bbc.co.uk/news/article...
HIRING: We have a great opportunity for someone passionate about solving the housing crisis to join our team and help develop the policies we need to secure affordable, safe homes for everyone!
Find out more and apply by midnight, 30 November: neweconomics.org/about/work-w...
Find out more and apply by midnight, 30 November: neweconomics.org/about/work-w...
November 25, 2025 at 12:33 PM
HIRING: We have a great opportunity for someone passionate about solving the housing crisis to join our team and help develop the policies we need to secure affordable, safe homes for everyone!
Find out more and apply by midnight, 30 November: neweconomics.org/about/work-w...
Find out more and apply by midnight, 30 November: neweconomics.org/about/work-w...
"The only way the government can address the multiple crises it faces is to take bold action this budget but it must also level with the public about the challenges ahead."
👇 New blog by our chief economist, Lydia Prieg, ahead of tomorrow's budget.
neweconomics.org/2025/11/time...
👇 New blog by our chief economist, Lydia Prieg, ahead of tomorrow's budget.
neweconomics.org/2025/11/time...
November 25, 2025 at 10:05 AM
"The only way the government can address the multiple crises it faces is to take bold action this budget but it must also level with the public about the challenges ahead."
👇 New blog by our chief economist, Lydia Prieg, ahead of tomorrow's budget.
neweconomics.org/2025/11/time...
👇 New blog by our chief economist, Lydia Prieg, ahead of tomorrow's budget.
neweconomics.org/2025/11/time...
After years of austerity and a prolonged cost-of-living crisis, households are really struggling. Investment is essential. The Chancellor's budget must provide the support needed.
NEF's senior economist @jayasood.bsky.social on @lbc.co.uk.
NEF's senior economist @jayasood.bsky.social on @lbc.co.uk.
November 24, 2025 at 1:57 PM
After years of austerity and a prolonged cost-of-living crisis, households are really struggling. Investment is essential. The Chancellor's budget must provide the support needed.
NEF's senior economist @jayasood.bsky.social on @lbc.co.uk.
NEF's senior economist @jayasood.bsky.social on @lbc.co.uk.
Our deputy chief executive, @hannahpeaker.bsky.social, spoke to @lbc.co.uk about what the Chancellor's budget needs to do this Wednesday.
She calls for an ambitious "honest budget", that uses progressive taxes on the wealthiest, smart borrowing, and targeted investment.
She calls for an ambitious "honest budget", that uses progressive taxes on the wealthiest, smart borrowing, and targeted investment.
November 24, 2025 at 1:04 PM
Our deputy chief executive, @hannahpeaker.bsky.social, spoke to @lbc.co.uk about what the Chancellor's budget needs to do this Wednesday.
She calls for an ambitious "honest budget", that uses progressive taxes on the wealthiest, smart borrowing, and targeted investment.
She calls for an ambitious "honest budget", that uses progressive taxes on the wealthiest, smart borrowing, and targeted investment.
NEW EPISODE: Is the AI bubble about to burst?
Is the dotcom crash a vision of our future? Has the AI hype outpaced profits? And if the bubble bursts, what does it mean for the rest of us?
Ayeisha is joined by Eleanor Shearer from @cmmonwealth.bsky.social and @carsjung.bsky.social from @ippr.org 1/
Is the dotcom crash a vision of our future? Has the AI hype outpaced profits? And if the bubble bursts, what does it mean for the rest of us?
Ayeisha is joined by Eleanor Shearer from @cmmonwealth.bsky.social and @carsjung.bsky.social from @ippr.org 1/
November 24, 2025 at 11:23 AM
NEW EPISODE: Is the AI bubble about to burst?
Is the dotcom crash a vision of our future? Has the AI hype outpaced profits? And if the bubble bursts, what does it mean for the rest of us?
Ayeisha is joined by Eleanor Shearer from @cmmonwealth.bsky.social and @carsjung.bsky.social from @ippr.org 1/
Is the dotcom crash a vision of our future? Has the AI hype outpaced profits? And if the bubble bursts, what does it mean for the rest of us?
Ayeisha is joined by Eleanor Shearer from @cmmonwealth.bsky.social and @carsjung.bsky.social from @ippr.org 1/
Our chief executive @dhnnjyn.bsky.social calls for G20 leaders to take decisive action to fix the foundations of a broken global economy, and guarantee equal distribution of wealth.
Watch👇
Watch👇
Good to talk to @ajenglish.bsky.social about the #G20SouthAfrica Leaders' Declaration.
The report I mention is "G20 at a Crossroads" by @neweconomics.bsky.social @cesr.bsky.social IEJ, CPS & Transforma can be found at neweconomics.org/2025/11/the-g2…
The report I mention is "G20 at a Crossroads" by @neweconomics.bsky.social @cesr.bsky.social IEJ, CPS & Transforma can be found at neweconomics.org/2025/11/the-g2…
November 24, 2025 at 10:48 AM
Our chief executive @dhnnjyn.bsky.social calls for G20 leaders to take decisive action to fix the foundations of a broken global economy, and guarantee equal distribution of wealth.
Watch👇
Watch👇