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neweconomics.bsky.social
New Economics Foundation
@neweconomics.bsky.social
Change the rules. Share the wealth. Protect the planet.
Adding a nuclear levy now, years before any new stations generate electricity means households are being asked to carry more of the system’s long-term costs at the worse possible time.

It's exactly why we need a structural fix, like NEF’s National Energy Guarantee.

neweconomics.org/2023/08/deli...
Delivering a National Energy Guarantee
Meeting net-zero targets while protecting households against future price shocks
neweconomics.org
November 21, 2025 at 12:17 PM
The increase in standing charges is a key story here. People are paying more before they use any energy at all, which hits low-use, lower-income and prepay customers hardest. It shows how the current pricing framework isn't working for many. 2/3

www.theguardian.com/money/2025/n...
Households in Great Britain face surprise rise in energy bills from January
Energy price cap for average dual fuel bill will increase to £1,758 a year, from £1,755 in the current quarter
www.theguardian.com
November 21, 2025 at 12:17 PM
"Instead, they should put in the hard yards to design a much bolder and fairer tax – and that starts with wholesale revaluation.”

NEF's deputy chief executive @hannahpeaker.bsky.social commenting on property tax in today's @theguardian.com

Read in full: www.theguardian.com/money/2025/n...
2/2
Reeves urged to ‘grasp the nettle’ with wholesale reset of council tax
Experts say chancellor should go further than rumoured plan to update value of homes in top three bands
www.theguardian.com
November 21, 2025 at 11:04 AM
Read the full briefing here 3/3 neweconomics.org/2025/11/rewr...
Rewriting the indemnity
The need for a new agreement between the Treasury and the Bank of England
neweconomics.org
November 20, 2025 at 10:39 AM
In the US and the eurozone, central banks' financial activities are not covered by the taxpayer. We could do the same thing here. This government can renegotiate its arrangement with the Bank. 2/3

Read about it in @thetimes: www.thetimes.com/business/eco...
Bank’s £5bn loss on bond sales to eat into Reeves’s headroom
The Bank of England’s gilt selling programme will incur interest rate losses the Treasury must cover, adding to the chancellor’s woes
www.thetimes.com
November 20, 2025 at 10:39 AM
We need a new National Energy Guarantee where every household's essential energy needs are protected, so no-one has to spend another winter worrying about keeping their family warm. 2/2

neweconomics.org/2023/08/deli...
Delivering a National Energy Guarantee
Meeting net-zero targets while protecting households against future price shocks
neweconomics.org
November 19, 2025 at 11:13 AM
The Bank of England urgently needs to cut interest rates. And, to reduce the impact of future inflationary shocks, the government should take a more proactive and preventative approach to inflation, including fiscal interventions, rather than relying solely on interest rates. 3/3
November 19, 2025 at 9:40 AM
The inflationary shock that resulted from the war in Ukraine has passed - but the pace with which the Bank of England whacked up interest rates in response is still hurting people’s finances and making it more difficult for the government to invest in the things we need. 2/3
November 19, 2025 at 9:40 AM
Hear more from Ayeisha Thomas-Smith and our guests Will Davies and Dunya Kamal - on Spotify, Apple Podcasts and Soundcloud.
linktr.ee/neweconomics...
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November 18, 2025 at 4:32 PM
"But the government must also use this budget to signal how it will boost long-term investment and productivity. Reassessing its fiscal framework and the OBR’s role in examining it has to be a priority, as well as closer working with the Bank of England." 5/5

www.bloomberg.com/news/article...
Reeves to Drop Tax-Rise Plans Because of Better UK Forecasts
Chancellor of the Exchequer Rachel Reeves has been able to drop a plan to raise income taxes because she received an improved fiscal forecast from the UK’s budget watchdog, people familiar with the ma...
www.bloomberg.com
November 14, 2025 at 12:45 PM
"Any tax rise should be progressive by starting with the wealthiest, not push up inflation and be earmarked for voter priorities like the NHS and the cost of living. Equalising capital gains so profits from investment are taxed at the same rate as wages would be an important first step. 4/5
November 14, 2025 at 12:45 PM