New Economics Foundation
@neweconomics.bsky.social
Change the rules. Share the wealth. Protect the planet.
NEW REPORT: As the G20 approaches its 20th summit, a new independent assessment finds it has failed to tackle inequality and deliver economic justice.
The report warns that the forum must do more than fight fires - it needs to reform a broken international system. 🧵1/7
The report warns that the forum must do more than fight fires - it needs to reform a broken international system. 🧵1/7
November 10, 2025 at 11:20 AM
NEW REPORT: As the G20 approaches its 20th summit, a new independent assessment finds it has failed to tackle inequality and deliver economic justice.
The report warns that the forum must do more than fight fires - it needs to reform a broken international system. 🧵1/7
The report warns that the forum must do more than fight fires - it needs to reform a broken international system. 🧵1/7
Tax wealth to address the extraordinary levels of inequality in our society OR punish people still struggling with the increasing cost of living? The chancellor must make the right choice in the budget.
@dhnnjyn.bsky.social writes for the @theguardian.com
www.theguardian.com/commentisfre...
@dhnnjyn.bsky.social writes for the @theguardian.com
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 7, 2025 at 12:34 PM
Tax wealth to address the extraordinary levels of inequality in our society OR punish people still struggling with the increasing cost of living? The chancellor must make the right choice in the budget.
@dhnnjyn.bsky.social writes for the @theguardian.com
www.theguardian.com/commentisfre...
@dhnnjyn.bsky.social writes for the @theguardian.com
www.theguardian.com/commentisfre...
The decision to hold interest rates is simply prolonging the damage that three years of high borrowing costs has already done.
The Bank of England’s high interest rates are depressing the jobs market, hammering borrowers, and damaging investment in the economy. 1/2
The Bank of England’s high interest rates are depressing the jobs market, hammering borrowers, and damaging investment in the economy. 1/2
Breaking news: The Bank of England has kept its key interest rate unchanged as it seeks to navigate signs of a weakening labour market and persistent inflation on.ft.com/49DAXgA
November 6, 2025 at 6:18 PM
The decision to hold interest rates is simply prolonging the damage that three years of high borrowing costs has already done.
The Bank of England’s high interest rates are depressing the jobs market, hammering borrowers, and damaging investment in the economy. 1/2
The Bank of England’s high interest rates are depressing the jobs market, hammering borrowers, and damaging investment in the economy. 1/2
Reposted by New Economics Foundation
Good to see the Prime Minister staying strong on the green transition and committed to internationalism. My guess is historians will see these as the most positive legacies of Starmer's premiership. And even more likely if the Government goes further, faster!
www.theguardian.com/environment/...
www.theguardian.com/environment/...
‘We’re leading the way’: Starmer defends plans for green economy before Cop30
PM defies critics calling for a slowdown as he flies to Brazil, where he may have frosty reception after opting out of tropical forest fund
www.theguardian.com
November 6, 2025 at 10:52 AM
Good to see the Prime Minister staying strong on the green transition and committed to internationalism. My guess is historians will see these as the most positive legacies of Starmer's premiership. And even more likely if the Government goes further, faster!
www.theguardian.com/environment/...
www.theguardian.com/environment/...
Don't trust the dodgy data saying wealthy people are fleeing the country because of higher taxes.
NEF chief exec @dhnnjyn.bsky.social on @lbc.co.uk Cross Questions.
NEF chief exec @dhnnjyn.bsky.social on @lbc.co.uk Cross Questions.
November 5, 2025 at 4:49 PM
Don't trust the dodgy data saying wealthy people are fleeing the country because of higher taxes.
NEF chief exec @dhnnjyn.bsky.social on @lbc.co.uk Cross Questions.
NEF chief exec @dhnnjyn.bsky.social on @lbc.co.uk Cross Questions.
NEW: Our latest analysis suggests strict conditions faced by people in receipt of benefits are forcing them into low quality jobs.
This risks undermining the government's employment targets, as people forced into low-paid, insecure jobs are less likely to stay in work.
This risks undermining the government's employment targets, as people forced into low-paid, insecure jobs are less likely to stay in work.
November 5, 2025 at 4:05 PM
NEW: Our latest analysis suggests strict conditions faced by people in receipt of benefits are forcing them into low quality jobs.
This risks undermining the government's employment targets, as people forced into low-paid, insecure jobs are less likely to stay in work.
This risks undermining the government's employment targets, as people forced into low-paid, insecure jobs are less likely to stay in work.
The private sector has let our public services down again and again. So why do we assume the private sector is always the best person for the job? Because we don't value the expertise and competency of communities, says @francesnorthrop.bsky.social on the latest New Economics Podcast 🎙️
November 5, 2025 at 1:00 PM
The private sector has let our public services down again and again. So why do we assume the private sector is always the best person for the job? Because we don't value the expertise and competency of communities, says @francesnorthrop.bsky.social on the latest New Economics Podcast 🎙️
NEF's chief economist, Dr Lydia Prieg, responds to the Chancellor's pre-budget speech.
November 4, 2025 at 10:30 AM
NEF's chief economist, Dr Lydia Prieg, responds to the Chancellor's pre-budget speech.
Reposted by New Economics Foundation
“The essential services we need to survive used to be owned by us: the UK public. Our public services have been sold off to private corporations over whom we have no control.”
@kmilb.bsky.social, author of Radical Abundance, interviewed on @neweconomics.bsky.social
neweconomics.org/2025/10/radi...
@kmilb.bsky.social, author of Radical Abundance, interviewed on @neweconomics.bsky.social
neweconomics.org/2025/10/radi...
Radical abundance: how to build an alternative to capitalism
Ayeisha Thomas-Smith is joined by Keir Milburn and Frances Northrop
neweconomics.org
November 2, 2025 at 5:10 PM
“The essential services we need to survive used to be owned by us: the UK public. Our public services have been sold off to private corporations over whom we have no control.”
@kmilb.bsky.social, author of Radical Abundance, interviewed on @neweconomics.bsky.social
neweconomics.org/2025/10/radi...
@kmilb.bsky.social, author of Radical Abundance, interviewed on @neweconomics.bsky.social
neweconomics.org/2025/10/radi...
Cutting VAT on energy bills will provide the biggest benefit to households that use the most energy - mostly the already wealthy.
If this government wants to support families struggling with their energy bills, there are fairer ways to do it.
www.theguardian.com/uk-news/2025...
If this government wants to support families struggling with their energy bills, there are fairer ways to do it.
www.theguardian.com/uk-news/2025...
Rachel Reeves’s 5% VAT cut on electricity bills will backfire, experts say
Critics believe cut would mostly benefit better-off people with larger homes and increase carbon emissions
www.theguardian.com
November 3, 2025 at 12:41 PM
Cutting VAT on energy bills will provide the biggest benefit to households that use the most energy - mostly the already wealthy.
If this government wants to support families struggling with their energy bills, there are fairer ways to do it.
www.theguardian.com/uk-news/2025...
If this government wants to support families struggling with their energy bills, there are fairer ways to do it.
www.theguardian.com/uk-news/2025...
By-and-for organisations are a critical part of society.
They providing essential services and a voice for communities and populations often missing or excluded from the workplace, the charity landscape, and within spheres of influence and policymaking.
Learn more:
neweconomics.org/2025/09/buil...
They providing essential services and a voice for communities and populations often missing or excluded from the workplace, the charity landscape, and within spheres of influence and policymaking.
Learn more:
neweconomics.org/2025/09/buil...
Built by us
Understanding the distinctiveness of by-and-for organisations
neweconomics.org
November 2, 2025 at 9:24 AM
By-and-for organisations are a critical part of society.
They providing essential services and a voice for communities and populations often missing or excluded from the workplace, the charity landscape, and within spheres of influence and policymaking.
Learn more:
neweconomics.org/2025/09/buil...
They providing essential services and a voice for communities and populations often missing or excluded from the workplace, the charity landscape, and within spheres of influence and policymaking.
Learn more:
neweconomics.org/2025/09/buil...
“People tend to go to the local newspaper rather than the council because they don’t think the council will do anything.”
Tenants want reassurance that councils can enforce standards effectively.
NEF's @hollies.bsky.social in HQM 👇
🔗 hqm.hqnetwork.co.uk/the-future-o...
Tenants want reassurance that councils can enforce standards effectively.
NEF's @hollies.bsky.social in HQM 👇
🔗 hqm.hqnetwork.co.uk/the-future-o...
The future of the private rented sector – from renters’ rights to decent homes – HQM
hqm.hqnetwork.co.uk
November 2, 2025 at 9:07 AM
“People tend to go to the local newspaper rather than the council because they don’t think the council will do anything.”
Tenants want reassurance that councils can enforce standards effectively.
NEF's @hollies.bsky.social in HQM 👇
🔗 hqm.hqnetwork.co.uk/the-future-o...
Tenants want reassurance that councils can enforce standards effectively.
NEF's @hollies.bsky.social in HQM 👇
🔗 hqm.hqnetwork.co.uk/the-future-o...
Scrapping the two-child limit is one of the simplest levers to lift children out of poverty. This long-awaited change could improve the lives of thousands of children around the country.
www.theguardian.com/society/2025...
www.theguardian.com/society/2025...
Charities and stars call on UK government to set child poverty reduction targets
Signatories of open letter include National Children’s Bureau, Barnardo’s and celebrities such as Emilia Clarke
www.theguardian.com
October 31, 2025 at 2:59 PM
Scrapping the two-child limit is one of the simplest levers to lift children out of poverty. This long-awaited change could improve the lives of thousands of children around the country.
www.theguardian.com/society/2025...
www.theguardian.com/society/2025...
We used to own our essential services, like water, energy, and transport. Not anymore.
This week @kmilb.bsky.social, co-director of @abundance-org.bsky.social, joined the New Economics Podcast to talk Radical Abundance: how to win a green democratic economy.
🎧 linktr.ee/neweconomics...
This week @kmilb.bsky.social, co-director of @abundance-org.bsky.social, joined the New Economics Podcast to talk Radical Abundance: how to win a green democratic economy.
🎧 linktr.ee/neweconomics...
October 31, 2025 at 11:03 AM
We used to own our essential services, like water, energy, and transport. Not anymore.
This week @kmilb.bsky.social, co-director of @abundance-org.bsky.social, joined the New Economics Podcast to talk Radical Abundance: how to win a green democratic economy.
🎧 linktr.ee/neweconomics...
This week @kmilb.bsky.social, co-director of @abundance-org.bsky.social, joined the New Economics Podcast to talk Radical Abundance: how to win a green democratic economy.
🎧 linktr.ee/neweconomics...
Pilot after pilot has shown that shorter working weeks can improve productivity, retain staff and improve people's quality of life.
Councils successfully shifting to a successful four-day work week should be celebrated, not criticised.
Councils successfully shifting to a successful four-day work week should be celebrated, not criticised.
Our open letter to the Secretary of State for Business and Trade.
In full, with all 103 signatories.
Please share widely!
In full, with all 103 signatories.
Please share widely!
October 30, 2025 at 2:12 PM
Pilot after pilot has shown that shorter working weeks can improve productivity, retain staff and improve people's quality of life.
Councils successfully shifting to a successful four-day work week should be celebrated, not criticised.
Councils successfully shifting to a successful four-day work week should be celebrated, not criticised.
🎉Another exciting episode of the New Economics Podcast out now!
This week we were joined by @kmilb.bsky.social and Frances Northrop to talk about the failure of privatisation, what radical abundance means, and how communities are building alternatives to capitalism.
This week we were joined by @kmilb.bsky.social and Frances Northrop to talk about the failure of privatisation, what radical abundance means, and how communities are building alternatives to capitalism.
October 30, 2025 at 12:20 PM
🎉Another exciting episode of the New Economics Podcast out now!
This week we were joined by @kmilb.bsky.social and Frances Northrop to talk about the failure of privatisation, what radical abundance means, and how communities are building alternatives to capitalism.
This week we were joined by @kmilb.bsky.social and Frances Northrop to talk about the failure of privatisation, what radical abundance means, and how communities are building alternatives to capitalism.
Reposted by New Economics Foundation
Frustrated but hardly surprised by this growing build up of child benefit mishandling cases. They reflect systemic issues with the way our welfare services engage with claimants.
No prior engagement re issues. No chance to correct bad data. Just automatic suspension of payments (1/2)
No prior engagement re issues. No chance to correct bad data. Just automatic suspension of payments (1/2)
UK woman who booked Oslo flight but did not fly loses child benefit ‘because she emigrated’
UK woman who booked Oslo flight but did not fly loses child benefit ‘because she emigrated’
Exclusive: HMRC told Lisa Morris-Almond there was no record of her return to UK, but she did not take the trip
A woman who booked a flight from London to Oslo but never checked in or travelled has had her child benefit stopped by the UK government. Tax authorities told her their records showed she had emigrated.
Lisa Morris-Almond is one of thousands of people who have had their child benefit frozen as part of a botched crackdown on benefit fraud. Continue reading...
www.theguardian.com
October 30, 2025 at 11:37 AM
Frustrated but hardly surprised by this growing build up of child benefit mishandling cases. They reflect systemic issues with the way our welfare services engage with claimants.
No prior engagement re issues. No chance to correct bad data. Just automatic suspension of payments (1/2)
No prior engagement re issues. No chance to correct bad data. Just automatic suspension of payments (1/2)
Great to see our proposals to save billions mentioned by @sahildutta.bsky.social
The Treasury shouldn't be on the hook to cover the Bank of England's losses. And tiering central bank reserves or taxing banks would reclaim the massive windfall of public money they are receiving. 1/2
The Treasury shouldn't be on the hook to cover the Bank of England's losses. And tiering central bank reserves or taxing banks would reclaim the massive windfall of public money they are receiving. 1/2
The UK bond markets have become a political trap that strangles public spending. But there’s a way out | Sahil Dutta
The UK bond markets have become a political trap that strangles public spending. But there’s a way out | Sahil Dutta
With living standards falling and the far right on the rise, the chancellor has the power to make decisions, not simply accept diktats from the markets, says lecturer in political economy Sahil Dutta
www.theguardian.com
October 30, 2025 at 11:28 AM
Great to see our proposals to save billions mentioned by @sahildutta.bsky.social
The Treasury shouldn't be on the hook to cover the Bank of England's losses. And tiering central bank reserves or taxing banks would reclaim the massive windfall of public money they are receiving. 1/2
The Treasury shouldn't be on the hook to cover the Bank of England's losses. And tiering central bank reserves or taxing banks would reclaim the massive windfall of public money they are receiving. 1/2
This is the end result of having such a punitive approach to social security. HMRC rushed to suspend payments to these families without knowing the full facts or having a conversation with them. When parents raised their concerns, they found themselves ignored. 1/2
UK woman who booked Oslo flight but did not fly loses child benefit ‘because she emigrated’
UK woman who booked Oslo flight but did not fly loses child benefit ‘because she emigrated’
Exclusive: HMRC told Lisa Morris-Almond there was no record of her return to UK, but she did not take the trip
A woman who booked a flight from London to Oslo but never checked in or travelled has had her child benefit stopped by the UK government. Tax authorities told her their records showed she had emigrated.
Lisa Morris-Almond is one of thousands of people who have had their child benefit frozen as part of a botched crackdown on benefit fraud. Continue reading...
www.theguardian.com
October 30, 2025 at 10:58 AM
This is the end result of having such a punitive approach to social security. HMRC rushed to suspend payments to these families without knowing the full facts or having a conversation with them. When parents raised their concerns, they found themselves ignored. 1/2
No half measures! Only full abolition of two-child benefit cap will substantially cut poverty, says @resfoundation.bsky.social
With one change in the autumn budget, this government could lift hundreds of thousands of kids out of poverty. And it would have serious economic benefits... 1/2
With one change in the autumn budget, this government could lift hundreds of thousands of kids out of poverty. And it would have serious economic benefits... 1/2
Fully repealing the two-child limit is by far the best way to ensure fewer children are growing up in poverty.
Half measures have been mooted, but our modelling reveals that they would all still lead to an increase in child poverty by the end of the decade.
Learn more ⤵️ buff.ly/qVc9CWs
Half measures have been mooted, but our modelling reveals that they would all still lead to an increase in child poverty by the end of the decade.
Learn more ⤵️ buff.ly/qVc9CWs
October 30, 2025 at 10:25 AM
No half measures! Only full abolition of two-child benefit cap will substantially cut poverty, says @resfoundation.bsky.social
With one change in the autumn budget, this government could lift hundreds of thousands of kids out of poverty. And it would have serious economic benefits... 1/2
With one change in the autumn budget, this government could lift hundreds of thousands of kids out of poverty. And it would have serious economic benefits... 1/2
Whenever the UK has managed to build more than 300,000 homes a year, local authorities have been building a significant portion of them. It's new socials homes, not a reliance on profit-driven private developers, which will enable housebuilding. 1/2
Wednesday's TIMES: Labour to miss 1.5m homes target, housebuilders warn #TomorrowsPapersToday
October 29, 2025 at 11:22 AM
Whenever the UK has managed to build more than 300,000 homes a year, local authorities have been building a significant portion of them. It's new socials homes, not a reliance on profit-driven private developers, which will enable housebuilding. 1/2
As one of the strongest Atlantic hurricanes in history smashes into the Caribbean, new research finds that millions of people are dying each year from rising heat.
These events are a direct result of our failure to tackle the climate crisis.
These events are a direct result of our failure to tackle the climate crisis.
Rising heat kills one person a minute worldwide, major report reveals
Rising heat kills one person a minute worldwide, major report reveals
Biggest analysis of its kind finds millions are dying each year because of failure to tackle climate crisis
Rising global heat is now killing one person a minute around the world, a major report on the health impact of the climate crisis has revealed.
It says the world’s addiction to fossil fuels also causes toxic air pollution, wildfires and the spread of diseases such as dengue fever, and millions each year are dying owing to the failure to tackle global heating. Continue reading...
www.theguardian.com
October 29, 2025 at 10:08 AM
As one of the strongest Atlantic hurricanes in history smashes into the Caribbean, new research finds that millions of people are dying each year from rising heat.
These events are a direct result of our failure to tackle the climate crisis.
These events are a direct result of our failure to tackle the climate crisis.
Reposted by New Economics Foundation
Great to see that following my colleague @chaitanyakumar.bsky.social's oral evidence session in June, the Treasury Select Committee has endorsed our recommendation for the Treasury to explore the merits of allowing the NWF to borrow funds directly from the market.
bit.ly/4oaCGhM
bit.ly/4oaCGhM
October 28, 2025 at 3:55 PM
Great to see that following my colleague @chaitanyakumar.bsky.social's oral evidence session in June, the Treasury Select Committee has endorsed our recommendation for the Treasury to explore the merits of allowing the NWF to borrow funds directly from the market.
bit.ly/4oaCGhM
bit.ly/4oaCGhM
The OBR's changed its mind on what the economy will look like in 5 years time so now Rachel Reeves needs to raise taxes or cut spending to the value of £20bn?
This is clearly not a sensible or sustainable way to run an economy.
www.bbc.co.uk/news/article...
This is clearly not a sensible or sustainable way to run an economy.
www.bbc.co.uk/news/article...
Reeves could face £20bn Budget hole as UK productivity downgraded
The OBR is understood to have downgraded the UK's productivity level in early Budget forecasts
www.bbc.co.uk
October 28, 2025 at 1:13 PM
The OBR's changed its mind on what the economy will look like in 5 years time so now Rachel Reeves needs to raise taxes or cut spending to the value of £20bn?
This is clearly not a sensible or sustainable way to run an economy.
www.bbc.co.uk/news/article...
This is clearly not a sensible or sustainable way to run an economy.
www.bbc.co.uk/news/article...
Great to see our research on frequent flyers being discussed in the House of Lords! It's this tiny percentage of the population who will benefit the most from airport expansion, while the rest of us have to live with the environmental consequences.
The government backs Heathrow expansion — but it’s not all or most of Britain that wants to fly more.
Just 3% of people take 30% of all flights. A few frequent flyers get the perks, while everyone else gets the noise, air pollution and climate chaos.
#ClimateJustice #FairTravel
Just 3% of people take 30% of all flights. A few frequent flyers get the perks, while everyone else gets the noise, air pollution and climate chaos.
#ClimateJustice #FairTravel
October 28, 2025 at 10:34 AM
Great to see our research on frequent flyers being discussed in the House of Lords! It's this tiny percentage of the population who will benefit the most from airport expansion, while the rest of us have to live with the environmental consequences.