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New Economics Foundation
@neweconomics.bsky.social
Change the rules. Share the wealth. Protect the planet.
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November 24, 2025 at 11:23 AM
'The G20 at a crossroads' provides lessons for an equitable economic future.

By NEF (UK), the Institute for Economic Justice (South Africa), @ips-dc.org (US), Transforma (Brazil), and international NGO @cesr.bsky.social

Read the report in full: neweconomics.org/2025/11/the-...
The G20 at a crossroads
An independent assessment of the G20’s impact, and lessons for an equitable economic future
neweconomics.org
November 24, 2025 at 10:48 AM
If the chancellor wants to save money, she has plenty of options which don't punish the least well-off amongst us. She should start by ending the practice of the Treasury covering the Bank of England's losses, which would save £4.8bn a year. 4/4

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 24, 2025 at 10:02 AM
Clearly we need to make sure benefit claims are legit, but there's nothing to suggest the recent rise in claims is anything but. Reeves should focus on compliance throughout the system, including tackling tax evasion + avoidance amongst the wealthy. 3/4
November 24, 2025 at 10:02 AM
Having huge numbers of children growing up in poverty is a moral failing - and it's damaging our economic recovery.

We found that scrapping the two-child limit would reduce the economic cost of child poverty by £3.2bn a year. 2/4

neweconomics.org/2024/10/capp...
Capping ambitions
Recognising the economic benefits of reducing child poverty by scrapping the two-child limit and benefit cap
neweconomics.org
November 24, 2025 at 10:02 AM
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