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New Economics Foundation @neweconomics.bsky.social · 17h

Read the full report here: neweconomics.org/2025/09/brea...

Breaking the bank?

The case for and against central bank losses

neweconomics.org

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New Economics Foundation @neweconomics.bsky.social · 17h

Our recent report "Breaking the Bank" revealed that the Bank of England has cost the UK government nearly £80bn since 2022 and is expected to cost around £20bn a year until 2033.

Here, the report's author, NEF Economist Dominic Caddick, is interviewed by MNI.

www.mnimarkets.com/articles/mni...

MNI INTERVIEW: BOE Needs To Change Reserves Regime - NEF

Lead economist at the left-leaning New Economic Forum looks at BOE reserve remuneration.

www.mnimarkets.com

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New Economics Foundation @neweconomics.bsky.social · 20h

Ep.3 of the New Economics Podcast is out now!

Ayeisha Thomas-Smith is joined by Khem Rogaly from @transitionsec.bsky.social @cmmonwealth.bsky.social and @davidwearing.bsky.social from Sussex University to discuss how the UK became a global arms dealer.

🎧Listen now: neweconomics.org/2025/10/how-...

New Economics Podcast.
How did the UK become a global arms dealer?
Khem Rogaly, Common Wealth, Transition Security Project.
David Wearing, University of Sussex.
Out now.

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New Economics Foundation @neweconomics.bsky.social · 22h

Adopting these policies will keep us warmer in winter and cooler in summer - at the same time as reducing the need to burn polluting, expensive gas for heating.

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New Economics Foundation @neweconomics.bsky.social · 22h

The cost of inaction far outweighs the cost of preparing for extreme weather and kicking our dangerous addiction to fossil fuels.

Some policies will even be a win-win: such as well regulated mass-insulation, ventilation and heat pump rollout for the nation's draughty homes.

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New Economics Foundation @neweconomics.bsky.social · 22h

The impacts of extreme weather risk deepening inequality.

In the UK, “every constituency” is projected be at greater risk of flooding, with many areas likely to become uninsurable.

Right now, this government has no serious plan to deal with these problems.

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New Economics Foundation @neweconomics.bsky.social · 22h

As the climate crisis intensifies, the UK will face more floods, droughts and heatwaves.

Today's Guardian article highlights how woefully unprepared we are to deal with the impacts of these extreme weather events on people, businesses and communities.

www.theguardian.com/environment/...

Towns may have to be abandoned due to floods with millions more homes in Great Britain at risk

Every constituency projected to be at greater risk, with many areas likely to be uninsurable, Guardian investigation finds

www.theguardian.com

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Reposted by New Economics Foundation

Chaitanya Kumar @chaitanyakumar.bsky.social · 1d

This is terrible and worrying but calls to scrap ECO scheme altogether are knee jerk at best and won't do anything to ramp up the rate of insulation measures.

Suspend rogue installers publicly + gradually move away from a supplier led delivery model.
www.theguardian.com/environment/...

Almost all external insulation fitted under Tory scheme needs repair or replacing, report finds

Homeowners who took advantage of government programmes left with cladding likely to cause damp

www.theguardian.com

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New Economics Foundation @neweconomics.bsky.social · 23h

Labour MPs have called on Rachel Reeves to scrap council tax.

🧵 In this thread @chaitanyakumar.bsky.social, NEF's Head of economic and environmental policy, outlines our proposal to address inequality through tax reform. 👇

Chaitanya Kumar @chaitanyakumar.bsky.social · 1d

Like stamp duty, council tax is reviled on the right and the left. Calls for reforming it are welcome and the govt. should at least get the ball rolling on that this budget. We propose:

☑️Proportional property tax
☑️Scrap SDLT
☑️Reform business rates with land tax
www.theguardian.com/politics/202...

Labour MPs call on Rachel Reeves to scrap council tax

Exclusive: 13 mainly northern MPs say a new system should better account for higher house prices in south-east

www.theguardian.com

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New Economics Foundation @neweconomics.bsky.social · 3d

🚨 Last chance to apply! This opportunity closes at midnight!

We're looking for a Finance Manager to provide expert support in leading the financial and management accounting functions at NEF.

If you - or someone you know - fits the bill, apply now👇

neweconomics.org/about/work-w...

Finance Manager

Together we can change the rules to protect the planet, share the wealth and give everyone a say in how the economy is run.

neweconomics.org

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New Economics Foundation @neweconomics.bsky.social · 3d

This government wants to "build, baby, build" - but who really benefits? Property developers, or the rest of us? And what would 1.5 million new homes mean for the climate?

Read Anna Coote's blog on why we need a better way to tackle the housing crisis👇

neweconomics.org/2025/10/a-be...

A better way to tackle the housing crisis

How a universal basic services approach to housing could meet everyone's needs now and in the future

neweconomics.org

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New Economics Foundation @neweconomics.bsky.social · 5d

Our report makes two proposals for how local authorities can better protect the needs of children in accommodation.

Read the report by @hollies.bsky.social (supported by
@impurbanhealth.bsky.social here: neweconomics.org/2025/08/nowh...

Nowhere to grow

The hidden harm of temporary accommodation on children

neweconomics.org

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New Economics Foundation @neweconomics.bsky.social · 5d

Our research also found that a lack of information sharing in local authorities means children in temporary accommodation's needs are going unmet - something that can be addressed.

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New Economics Foundation @neweconomics.bsky.social · 5d

Poor conditions and the inherent instability of temporary accommodation are causing exhaustion, fear and anxiety in children.

Those in temporary accommodation are at risk of a wide-range of harms including mental health problems, malnutrition, and difficulties in school.

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New Economics Foundation @neweconomics.bsky.social · 5d

Thousands of children are growing up without enough space to play, learn, and rest.

During our research, one support worker in a primary school told us that children were doing their homework on toilet seats because they had no other room.

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New Economics Foundation @neweconomics.bsky.social · 5d

Across the country, children in temporary accommodation are facing severe harm to their physical, mental, and developmental health.

This is a country-wide problem which requires intervention from national government to fix.

#worldmentalhealthday 🧵

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New Economics Foundation @neweconomics.bsky.social · 5d

FINANCE MANAGER VACANCY CLOSING SOON!

Don't miss this opportunity to join our team. Find out more and apply👇👇

New Economics Foundation @neweconomics.bsky.social · 5d

Just THREE DAYS LEFT to apply to be our new finance manager. ⌛️ We need someone to provide expert support in leading the financial and management accounting functions at NEF.

neweconomics.org/about/work-w...

Finance Manager

Together we can change the rules to protect the planet, share the wealth and give everyone a say in how the economy is run.

neweconomics.org

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New Economics Foundation @neweconomics.bsky.social · 5d

The Education Secretary will press Government to scrap the two-child benefit cap in next month’s budget, according to reports in the Guardian.

Our research shows this could lift half a million children out of poverty & reduce the economic cost of poverty by £3.2bn.

neweconomics.org/2024/10/scra...

Scrapping two-child limit would reduce economic cost of poverty by £3.2bn

Government fiscal rules and assumptions are failing to take into account the true economic benefit of lifting children out of poverty

neweconomics.org

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New Economics Foundation @neweconomics.bsky.social · 5d

Just THREE DAYS LEFT to apply to be our new finance manager. ⌛️ We need someone to provide expert support in leading the financial and management accounting functions at NEF.

neweconomics.org/about/work-w...

Finance Manager

Together we can change the rules to protect the planet, share the wealth and give everyone a say in how the economy is run.

neweconomics.org

1

New Economics Foundation @neweconomics.bsky.social · 6d

People want politicians to match the scale of the crises we face.

@adamramsay.bsky.social talking about Zack Polanski's shake-up of the Green Party on the New Economics Podcast. Subscribe on all good podcast apps.

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Reposted by New Economics Foundation

Danny Sriskandarajah @dhnnjyn.bsky.social · 6d

For too long the development sector has ignored rising wealth inequality. Orgs like the World Bank & the IMF have a key role to play in measuring & addressing extreme wealth. Join this great panel at next week's Annuals at 11am EST on 15 Oct. Livestream at www.worldbank.org/en/events/20...

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Reposted by New Economics Foundation

Common Wealth @cmmonwealth.bsky.social · 6d

Excellent and much-needed research from @neweconomics.bsky.social and Social Guarantee.

Housing is a fundamental need but has been left almost entirely to the private sector and the market.

Abundant, high-quality public housing can help deliver good housing for all.

New Economics Foundation @neweconomics.bsky.social · 12d

🏡How can we make sure everyone has access to a decent home while sticking to our climate goals and protecting the planet?

In a new report from NEF and the Social Guarantee we outline how applying a universal basic services approach to housing could be the answer.

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New Economics Foundation @neweconomics.bsky.social · 7d

We need to tackle the real problem of rising inequality by taxing extreme wealth, banks, and high carbon polluters to pay for the investment we need - rather than cutting support for people who are already struggling.

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New Economics Foundation @neweconomics.bsky.social · 7d

Austerity isn't the answer to the problems facing our economy - it will make things worse in the long run. To revive the economy we need to invest properly in the things that will improve peoples’ lives.

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New Economics Foundation @neweconomics.bsky.social · 7d

Cutting welfare and the civil service would be a return to austerity. We've tried these policies before and you only have to look at our hospitals, schools, and high streets to know they don't work.
www.thetimes.com/uk/politics/...

Kemi Badenoch pledges cuts to restore Tories’ image of fiscal prudence

The leader will tell Conservative Party conference that at least half of the money raised from spending cuts would go towards reducing government borrowing

www.thetimes.com

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