NEF

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

[NEF @NEF]

👀Just a reminder, we're on the other social media platform🦋if you want to give us a follow👇🏽

[NEF @NEF]

It's time to learn the lesson of these crises and get off the fossil-fuel rollercoaster for good. This means accelerating the rollout of homegrown wind and solar, alongside immediate support for households: subsidised energy, domestic solar panels and rethinking green levies. 3/3

[NEF @NEF]

Trump's senseless attacks on Iran are plunging the world into another economic crisis. The UK's dependence on fossil fuels has left us particularly exposed to the energy shock from the closure of the Strait of Hormuz. 1/3

[Financial Times @FT]

OECD warns of ‘dark scenario’ if Gulf energy crisis drags on https://t.co/O8VPsUzFCt

[NEF @NEF]

We've barely recovered from the economic damage inflicted by Russia's invasion of Ukraine. Every year that we stay reliant on fossil fuels is another year we gamble on our energy bills and the country's economic wellbeing. 2/3

[NEF @NEF]

It's only fair landlords are subject to the same taxes as everyone else. Extending National Insurance to cover them could raise £3.2bn to spend on public services.

Check out the coverage of our proposal in the @Telegraph
https://t.co/nrEfYwDPQ8

[NEF @NEF]

We're hiring! If you want to join a team that's passionate about delivering a fairer economy that works for people and planet (and you like the sound of a 32 hour work week), check out our latest vacancies: https://t.co/SZ31WpTU3k

[NEF @NEF]

The government can bring down energy bills now. We set out here how it can protect billpayers with an essential energy guarantee: https://t.co/w31a67w0DC

[NEF @NEF]

Disappointing to hear this being repeated when we know that more drilling won't bring our energy bills down - something Wes Streeting acknowledges.
https://t.co/SBjmRR1Y98

[NEF @NEF]

An overreliance on fossil fuels has reduced our economic resilience. Only renewables provide us with the path we need to long term energy security.

[NEF @NEF]

Read the full blog here: https://t.co/Hzq6U55cwS 2/2

[NEF @NEF]

Over 1 million people are neither in work, training or education. Today's Milburn report sets out the scale of the problem - here's what we think needs to happen next.

By @GeorgeBangham and @isabel_bull 1/2

[NEF @NEF]

The increase in the energy price cap by over £200 shows how our reliance on fossil fuels makes us more vulnerable - but also why we need to reform the energy system so gas doesn't set the price for the whole market. @JRS_1993 on LBC

[NEF @NEF]

We need systemic change to fix this - including more high-quality green jobs for young people and better employment support. Read our full statement: https://t.co/mQTrG1pPwA

[NEF @NEF]

The Milburn review published today is warning of a 'lost generation' of young people not in work or education. But crucially it identifies that this is a systemic problem, not an issue of individual responsibility. George Bangham responds.

[NEF @NEF]

The up front cost of installing solar panels is out of reach for many - that's why we need the government to take action to ensure everyone can take advantage of solar energy. Find the press release here: https://t.co/s87tShhAIi

[NEF @NEF]

New: The latest price cap means average bills are to rise by over £200 - but our latest analysis reveals households could save £823 a year by installing solar panels and batteries on their homes.

[NEF @NEF]

An essential energy guarantee, which would freeze bills at the current price cap level would protect households from the worst of the energy price shock, and help keep inflation levels down. https://t.co/w31a67w0DC

[NEF @NEF]

The cost of heating your home might not be at the top of your mind during a heatwave - but the government can’t ignore the price increases that are coming.
https://t.co/iabvqfoCZa

[NEF @NEF]

The government has introduced some measures to address the cost of living, but so far they’ve failed to address rising energy costs. And while our bills rise, fossil fuel giants and electricity generators see their profits rise - we need action now.

[NEF @NEF]

Tony Blair has massively misdiagnosed the problems facing the UK. Abandoning net zero would put us at great risk of price shocks and instability in future. The government should instead be focusing on delivering investment in the green transition and our public services.

[Times Radio @TimesRadio]

Keir Starmer should rip up Ed Miliband’s “unnecessary” net zero agenda, Tony Blair tells #TimesRadio.

“It’s not that I'm a climate denier, but it's just coming to terms with this reality.”

@CalumAM

[NEF @NEF]

We need bold government action to revive declining domestic tourism - including rebalancing political favour away from the aviation sector and towards our own tourist destinations and rail industry. Find out more: https://t.co/Qfz2kkuYNG

[NEF @NEF]

Our newest analysis shows how our travel habits are shifting - with the UK’s traditional seaside, countryside and small-town destinations losing out to the rise of short city breaks and holidays abroad.

[NEF @NEF]

The overall picture is one of decline: outside London, every UK region has seen a reduction in domestic tourism over the past decade, with the south-west suffering the most, followed by Yorkshire and the Humber, Wales and Scotland.