Blog

Trump: a reality check for American Conservatism

David Cowan - 19 April 2016 - US Politics

As the outcome of the GOP nominee race remains uncertain with growing speculation of a brokered convention, American conservatism is at a crossroads. In much the same way that Jeremy Corbyn’s election as Labour leader was a repudiation of the Blairite-Brownite years, a Trump victory will be a reality check ...

Even Greenpeace admits it: Biomass power stations are expensive and useless in tackling climate change

Benoît Petre - 18 April 2016 - Energy

Wallonia’s regional government has just announced its intention to build a 200MW biomass power station. This facility is set to use wood-pellets imported from the United States to provide up to 7.5% of Wallonia’s total electricity consumption.Biomass power stations are not economically viable under current energy market conditions. As a ...

The UK’s Muted Productivity: The Retail Sector

Bharthi Keshwara - 13 April 2016 - Productivity

“Productivity isn’t everything, but in the long run it is almost everything”, (Paul Krugman, Nobel Laureate Economist).Britain is currently facing declining productivity – 20 percentage points below the average of the remaining six members of the G7 group of industrial nations. Productivity is the value each worker adds in every ...

The government needs to scrap the ill-advised international aid target

Daniel Mahoney - 04 April 2016 - International Aid

The Department for International Development (Dfid) has just published figures showing the UK’s international aid budget continues to grow exponentially. While some unprotected government departments face significant spending cuts, the international aid budget grew by over £500 million in 2015, taking the collective budget to £12.2 billion. There is particular ...

The Role of P2P lending in the UK economy

Cathal Leslie - 30 March 2016 -

The rise of financial technology continues to show the United Kingdom’s role as an international centre for finance. Peer to Peer (P2P) lending has seen explosive growth in size and usage in the past few years, leading to speculation that it could be a threat to more traditional forms of ...

How could Brexit help engagement with emerging economies?

Bharthi Keshwara - 22 March 2016 - Emerging Economies

The share of UK exports destined for the EU fell 10 percentage points between 1999 – 2014. Declining terms of trade with the EU has continued to deteriorate the UK’s overall trade balance, leaving Britain with the 2nd largest trade deficit in the world reaching £61.6 billion in 2014 compared ...

A British policy for countering Russia: A new Jackson-Vanik amendment

Neil Barnett - 21 March 2016 - Foreign Policy

During the annexation of Crimea, the invasion of eastern Ukraine and the Syrian campaign, Britain was less involved in Ukraine than its European counterparts despite being  a member of the UN Security Council. While Merkel and Hollande negotiated the Minsk accords with Ukraine and Russia, the British government originally confined ...

Budget 2016: Chancellor still has get out of jail free cards

Daniel Mahoney - 18 March 2016 - Economy

This article is taken from the CPS Economic Bulletin. To receive the bulletin to your inbox before it is published online, subscribe here.The Office for Budget Responsibility (OBR) has revised its borrowing forecasts upwards for the five year spending review period (2016/17 – 2020/21) by £56.3 billion since the Autumn Statement. The ...

Budget 2016: Time to Reduce Complexity of the UK's Tax System

Daniel Mahoney - 14 March 2016 -

David Martin’s new Centre for Policy Studies (CPS) paper “A new, simple, revenue neutral tax code” highlights the ever-increasing complexity of the tax code, which now has over 12 times as many words as the King James Bible.Our Budget 2016 ‘wishlist’ seeks to reduce the uncertainty created by tax complexity, ...

Are the doommongers right about the UK economy?

Daniel Mahoney - 12 March 2016 - Economy

This article is taken from the CPS Economic Bulletin. To receive the bulletin to your inbox before it is published online, subscribe here. The technical definition of a recession is two consecutive quarters of negative economic growth as measured by Gross Domestic Product (GDP). Since 1990, the UK has experienced two technical recessions. Consecutive negative ...

European Commission Proposals Threaten UK Ports Industry

Daniel Mahoney - 04 March 2016 - Europe

This article is taken from the CPS Economic Bulletin. To receive the bulletin to your inbox before it is published online, subscribe here. Next Tuesday, the EU Parliament will debate the Ports Services Regulation (PSR), put forward by the European Commission. This could be one of the last chances for the regulation to ...

Is Trump Really the Republicans’ Last Best Hope?

David Cowan - 01 March 2016 - US Politics

Super Tuesday marks the beginning of the end. Donald Trump has leads in almost every state going to the polls today. With these victories under his belt, Trump will have enough momentum to deliver further victories in this month’s most important contests. By end of March the Republican party will ...

Spare Room Subsidy Reform has Improved Social Housing Allocation

Daniel Mahoney - 29 February 2016 - Welfare Policy

Last month, the Court of Appeal ruled that the Government’s spare room subsidy – introduced in 2013 – is discriminatory against domestic violence victims and families with disabled children needing overnight care. This case will now be considered by the Supreme Court, which is expected to deliver a judgement this ...

Break BT's Monopoly on Broadband Infrastructure

Daniel Mahoney - 17 February 2016 - Infrastructure

This article is taken from the CPS Economic Bulletin. To receive the bulletin to your inbox before it is published online, subscribe here. In 2014 Ofcom set up a Digital Communications Review, which will examine – among other issues – the role of BT Openreach in the provision of broadband in the UK. ...

Hinkley Point Debacle is Just Latest Example of Failed Government Intervention in Energy Market

Daniel Mahoney - 15 February 2016 - Energy

After months of delay, it appears that EDF will not make a final investment decision on the Hinkley Point nuclear power plant later this week. If an investment decision does eventually get the go ahead, evidence suggests that this deal would be terrible value for money for consumers.Peter Atherton – ...