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Politicians 'misguided' on banning zero-hour contracts

Adam Memon - 16 April 2014 - Economy

A ban on most zero-hours contracts as proposed by the House of Commons Scottish Affairs Committee would damage the flexibility of our labour market and would be detrimental to both employees and employers.The Committee criticises the insecurity felt by some people on zero-hour contracts.However, as their report also explains, the Chartered Institute ...

On tax cuts it's Lawson v Howe

James Pilditch - 15 April 2014 - Economy

The issue of tax cuts splits the Right between radical supply-siders who follow Nigel Lawson and more cautious deficit hawks whose intellectual inspiration comes from Geoffrey Howe.The deficit hawks argue that when we are still borrowing £108 billion this year, revenue loss from tax cuts would slow the necessary process ...

It is time for a fundamental rethink of how we incentivise retirement saving

Michael Johnson - 11 April 2014 - Economy

This article was originally published in City A.M. THERE is a scene in The Italian Job in which the gang is testing how to gain access to the contents of a security van. The resulting explosion destroys the vehicle, prompting Michael Caine to comment, “You were only supposed to blow the ...

Better-Off-Outers have no chance without economics

Adam Memon - 10 April 2014 - Europe

Whilst supporters of Britain’s exit from the European Union seem to be on a little bit of a roll at the moment, they cannot win a campaign without economics. The TV debates between Nick Clegg and Nigel Farage were a resounding success for the UKIP leader. Neither Farage’s conspiracy theories ...

Thatcherism lives on

Adam Memon - 08 April 2014 - Politics

In her speech to the Conservative Party Conference in 1986, Margaret Thatcher said:“From France to the Philippines, from Jamaica to Japan, from Malaysia to Mexico, from Sri Lanka to Singapore...The policies we have pioneered are catching on in country after country. We Conservatives believe in popular capitalism—believe in a property-owning ...

Jobs before wind farms

Adam Memon - 04 April 2014 - Economy

All of us feel a moral duty to protect our environment for the benefit of future generations.  As Paul Goodman on ConservativeHome wrote, our presumption is to conserve “clean water, clear air, green fields, productive farming, beautiful landscape, fine architecture and the variety and opulence of the animal world around ...

What happened to the Twin Deficit Hypothesis?

Adam Memon - 01 April 2014 - Economy

The UK current account deficit was 4.4% of GDP at current market prices in 2013, according to ONS figures released last week. This was an increase on the deficit of 3.8% of GDP in 2012, and whilst the deficit in trade in goods and services improved to 1.6% from 2.1% ...

Housing benefit reform is working

Adam Memon - 31 March 2014 - Economy

On Friday, research carried out by the BBC estimated that 6% of the approximately 500,000 social housing tenants subject to the under-occupancy charge have moved house. Let’s be totally clear what this means; social housing tenants of working age with a spare bedroom beyond their requirements face a 14% reduction ...

Labour is being left behind

Adam Memon - 25 March 2014 - Economy

Today’s inflation figures show a welcome easing of price pressures. CPI fell to 1.7% in the year to February from 1.9% in January with the largest contribution to the fall coming from motor fuels. RPI fell to 2.7% from 2.8%, CPIH which is consumer price inflation that includes owner occupiers’ ...

A Norma Desmond Budget?

Adam Memon - 21 March 2014 - Economy

This article is an excerpt from our fortnightly Growth Bulletin, written by Adam Memon and Tim Knox. To read the full article, click here. To sign up for our mailings, use the form on the left of our newsletter page.Norma Desmond’s retort in Sunset Boulevard (“You used to be in silent pictures. You ...

APD cut will help households and businesses

Natali Pagliari - 20 March 2014 - Economy

Air Passenger Duty (APD), charged on all domestic and international flights departing from a UK airport, has attracted much attention in recent years for putting the UK on a less competitive footing. According to a study by PwC, the UK has the highest rate among the EU nations who apply ...

A welcome and Thatcherite Budget...at times. More please!

Adam Memon - 19 March 2014 - Economy

Today the Chancellor needed to carry out pro-growth supply side reforms as well as ease the burden on lower and middle income households whilst keeping to the programme of deficit reduction. To a surprisingly large extent, because of the radical savings and pension reform, more income tax cuts and boost ...

Why the government needs to give services room to grow

Brian Sturgess - 18 March 2014 - Economy

It is close to a certainty that the Chancellor George Osborne will talk about a budget for growth tomorrow to help maintain the momentum of the country’s economic recovery. We pointed out recently that despite the overall fragility of the economic recovery in the UK, measured in terms of GDP ...

Budget: 101 policies to boost productivity

Adam Memon - 18 March 2014 - Economy

In the Budget tomorrow, the Chancellor will aim to carry out pro-growth reforms and ease the burden on households at the same time as sticking to the fiscal framework of deficit reduction that he has previously announced. It is therefore essential that he implements policies to improve the UK’s weak ...

Miliband is fully committed to ever closer union

Adam Memon - 12 March 2014 - Europe

So Ed Miliband claims in the FT today that he is against ever close union. He also says that if there is a future Treaty change which leads to a new transfer of power from Britain to the EU, then he will hold an IN/OUT referendum on our EU membership.One ...

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