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London needs more than this Night Tube

William Sternberg - 27 August 2015 - Public Services

This autumn, despite further delays announced today, we should have our promised Night Tube which will be running on five major lines throughout Friday and Saturday nights. Immediately there should be benefits; TfL’s analysis suggests that the Night Tube will create 1,965 new jobs adding £360m to the economy over ...

Corbynomics: A path to penury

Adam Memon - 18 August 2015 - 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 expansion of capitalism and free markets in recent decades has led to incredible economic and social progress; the fastest fall in extreme poverty in human history, rising ...

Policy blunders doomed the last mines

Tony Lodge - 14 August 2015 - Energy

The Conservative Energy Secretary, Amber Rudd, has started well. For five years, the Lib Dems had run energy policy inside a Conservative-led coalition. It was a period which saw energy prices double and delivered some of the biggest and most damaging failures in energy policy for a generation.Changes to tackle ...

We Need to Build More Houses

Aatif Khan - 07 August 2015 - Economy

A consensus exists amongst all, politicians and public alike, in addressing the urgency of building more homes to cope with the rising need of the population, yet there has been a failure to translate this into credible public policy. Restrictions on land supply and the multi-tranche complexity of the planning ...

Drug approval bureaucracy is detrimental to patients

William Walter - 04 August 2015 - Healthcare

The UK’s drug approval process is overly bureaucratic, stifles innovation and hinders patient access to life saving medicine. Reform is needed; Australia is leading the way.The recent announcement that we may have discovered the first effective Alzheimer's treatment to act on the disease process itself, rather than just the symptoms, ...

The economic benefits of strike law reform

Lorna Simmonds - 31 July 2015 - Employment regulation

Joseph Baum has put forward an argument for reforming strike laws on the CPS blog within the context of the proposed Trade Union Bill. The bill aims to reduce the number of strikes by introducing a minimum participation threshold of 50% and in some important public services an additional minimum ...

Heathrow needs another runway

Aatif Khan - 31 July 2015 - Economy

With the third largest aviation network in the world, after the US and China, it is urgent that development of Heathrow isn’t impeded any further. Congestion and tightening capacity continue to threaten British economic competiveness in finance and business. Since 1990, 12 UK airports have lost their direct links to ...

The next steps for devolution

Lorna Simmonds - 31 July 2015 - Constitution & Democracy

The combined local authorities of Greater Manchester, Sheffield and West Yorkshire are going to be the first to receive more devolved powers which were announced in the Summer Budget. However, more cities should be calling for further decentralisation to give them greater control over the future of their regions. English ...

Tough love for a better future

Michael Johnson - 29 July 2015 - Social Policy

The 2015 Spending Review: cultural consequences

1.         Shock and awe: essential

The 2015 Spending Review requests that government departments set out plans for reductions to their Resource budgets.[1]  More specifically, they have been asked to model two scenarios, of 25% and 40% real term savings by 2019-20.At first sight the ...

Don't just sit there, undo something - deregulate for growth

Adam Memon - 28 July 2015 - Economy

At the Margaret Thatcher Conference on Liberty held last year, Arthur Laffer argued vociferously in favour of radical deregulation to boost economic growth. His message to the politicians assembled at the conference was, “Don’t Just Sit There, Undo Something.” Given the historic stagnation in productivity facing the UK, a new ...

UK economy surging ahead at 0.7%

Aatif Khan - 28 July 2015 - Economy

UK GDP rose by 0.7% for the second quarter of 2015, matching most analysts’ and City expectations and nearly double than that of the previous quarter with a disappointing 0.4% expansion. In light of the newly-released figures, Lloyds bank accredited first quarter growth as temporary and if current growth rates ...

Strike laws should be reformed

Joseph Baum - 28 July 2015 - Politics

The laws governing strike action are rarely discussed around the family dinner table but they should be. The right to strike is an important principle that should not be abandoned and trade unions play a vital role in representing the views of their members. However, they are less impressive when ...

Seven taxes that should be abolished

Adam Memon - 27 July 2015 - Economy

Milton Friedman once argued that he was “in favour of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.” The reason, Friedman argued, was because the only effective way to hold down the size of the state is to hold down the amount of ...

Why we should cut the 45p rate

Alex Howard - 22 July 2015 - Tax

In a recent article in the Times, David Cameron announced that he would not touch the 45p tax rate, instead reaffirming his emphasis on raising the personal allowance and the thresholds for lower tax bands. While reductions in tax at these lower levels is commendable, it is vital that the ...

Boost productivity with apprenticeships

Julia Routledge - 20 July 2015 - Economy

Low productivity is the Achilles’ heel of the British economy. Despite vigorous growth and employment levels which have defied gravity, it still jeopardises a sustainable recovery and impedes the development of better living standards. Indeed, last week’s extensive Treasury report highlighted the fact that if the UK’s productivity were commensurate ...

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