@NEF

New Economics Foundation | Change the rules. Share the wealth. Protect the planet.

 London, UK
neweconomics.org
Joined October 2009
  • Tweets33.2K
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  • Followers77.6K
4.4KMedia
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NEF@NEF
19 Nov 2024
👀Just a reminder, we're on the other social media platform🦋if you want to give us a follow👇🏽
Text reads: Follow us @neweconomics.bsky.social

ALT Text reads: Follow us @neweconomics.bsky.social

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Will you be at Labour Party Conference? Want to hear about how we transform the economy and start to untangle 40 years of neoliberalsim? Don't miss these events with NEF: neweconomics.org/2026/09/nef…

NEF at the Labour Party Conference 2026

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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How have US attacks on Iran impacted the global economy? What should Andy Burnham do about spiraling energy costs at the budget? And how do we escape the cycle of price shocks for good? Find out on the final episode of Shockwave - a mini series from the New Economics Podcast.
Text: Strikes on Iran and the future of energy. In the final episode of SHOCKWAVE, we explore: today’s energy crisis, prompted by the US and Israeli war on Iran, what the government should do to lower energy costs at the budget, how we build an economy that’s more resilient to energy price shocks

ALT Text: Strikes on Iran and the future of energy. In the final episode of SHOCKWAVE, we explore: today’s energy crisis, prompted by the US and Israeli war on Iran, what the government should do to lower energy costs at the budget, how we build an economy that’s more resilient to energy price shocks

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Listen now on Spotify, Apple Podcasts or Soundcloud: linktr.ee/neweconomicspodcas…

New Economics Podcast Official: TikTok, Instagram | Linktree

View neweconomicspodcast’s Linktree to discover and stream music from top platforms like Soundcloud here. Your next favorite track is just a click away!

linktr.ee
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"While families struggle with the cost of living, billions of pounds of public money flow to commercial banks every year," said @JRS_1993 in @DailyMirror mirror.co.uk/news/politics/l…

Labour donor demands end to £30bn subsidy to banks to help struggling households

Energy tycoon Dale Vince has joined those calling for bumper Bank of England interest payments to lenders to be halted, and for the money to be used to help households with the cost of living

mirror.co.uk
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"A whole generation has been let down by successive governments that have failed to acknowledge the realities experienced by young people, especially those from low-income households." Kamran Malekzai in @BigIssue bigissue.com/news/employment…

Dealing with the cost of living is essential to help young people out of Britain’s NEETs crisis

It’s not just about ensuring young people have enough jobs and training, simply being able to afford getting to work is vital, writes New Economics Foundation’s Kamran Malekzai.

bigissue.com
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The government can intervene to lower prices, helping to manage inflation and reduce the likelihood of higher interest rates. This will then give them the space to make the investments we need to untangle 40 years of neoliberalism. Hannah Peaker on @BBCr4today.
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Today we've joined with trade unions, climate groups and other think tanks to urge this government to scale up the National Wealth Fund to deliver the investment needed to create green jobs, strengthen local economies and bring down energy bills.💪 theguardian.com/business/202…

UK urged to strengthen financial muscle of national wealth fund to aid economy

Unions, thinktanks and others say overhaul could provide investment Britain needs

theguardian.com
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To achieve this, the UK government should enable the NWF to raise its own finance and invest long-term, just like other successful public banks worldwide. This independence would dramatically increase investment and combine fiscal credibility with greater economic ambition.
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Read the full joint statement here: shorturl.at/8Eluy
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When you look at what's going on in the economy, the Bank of England was right to hold interest rates. Senior economist Jaya Sood spoke to Channel 4 news.
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The Bank also paused bond sales and we welcome the plans for improved co-ordination with the government on sales and issuance. But given the losses we've already incurred, the next logical step would be to stop sales entirely.
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This government can take action at the budget to bring down prices. Our Senior economist Jaya Sood explained how on @LBC this afternoon 👇
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Reminder that we are hiring an exciting new role as Senior Community Organiser for Power to Prosper - our national community wealth building programme. Full details on our website: neweconomics.org/about/work-…

Senior community organiser - Power to Prosper

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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Limits on political donations aren’t enough to stop extreme wealth polluting our democracy. We need an extreme wealth line. Our CEO Danny Sriskandarajah (@dhnnjyn) explains why 👇
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Dependence on oil and gas is a primary driver of European inflation crises. Great to see our report - Stabilising the shock market - featured in @BusinessGreen and @euobs businessgreen.com/news-analy…

Fossil fuel volatility threatens bleak winter for European economies

New study calculates that every 10 per cent increase in oil and has prices pushes up European inflation by up to 0.36 per cent

businessgreen.com
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Changes to Europe's monetary framework are essential to addressing the continent's exposure to fossil fuel shocks - and delivering the green transition. euobserver.com/237215/fossil…

Fighting fossil-fuel inflation with ECB rate hikes punishes renewables, research finds

Every 10-percent rise in oil and gas prices increases overall inflation by 0.35 percentage points. The European Central Bank's rate hikes risk making it worse by making renewable investments more...

euobserver.com
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Read the full report here: neweconomics.org/2026/09/sta…

Stabilising the shock market

Energy price transmission, inflation, and the case for central bank support of the transition

neweconomics.org
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Today’s figures - driven by the Iran war - make two things absolutely clear: 1. We must get off fossil fuels. Fast. 2. We urgently need cost of living interventions at the budget which both provide immediate relief for people and actually help cut inflation long-term. 🧵
BBC News (UK)
@BBCNews
Sep 16
UK inflation rate rises to 3.1% in year to August, latest figures show Follow live: bbc.in/4h696YC

Petrol and diesel price rises push UK inflation rate up to 3.1%

Inflation has moved further away from the Bank of England's 2% target as the Middle East conflict continues to disrupt global oil supplies.

bbc.co.uk
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more replies
So, at the upcoming budget, the govt should introduce: - A National Energy Guarantee - A £1 bus fare cap - Rent controls By cutting core everyday costs, these policies could significantly lower prices across the economy – lowering average inflation across the board.
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So, we need a renewed focus on a rapid green transition to end our dependence on expensive, volatile global oil and gas markets. And short term – at the Budget – this government can help people and lower inflation simultaneously by taking action to cut the cost of essentials.
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