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The Shale Revolution Comes to Nottinghamshire

Alexander Fiuza - 01 December 2016 - Energy

In the land where the apocryphal Robin Hood once harried a Sherriff, a new chapter of British history is being written. Nottinghamshire County Council recently approved a planning application by IGas  to drill exploratory shale gas wells. If they are found to be viable then IGas will seek to tap ...

The Future of UK’s trade relations: NAFTA, the EU customs union or simply a bilateral agreement?

Anamika Patel - 29 November 2016 - EU Referendum

During the U.S. Presidential campaign, Donald Trump vowed to leave the North American Free Trade Agreement (NAFTA) unless it was improved to his liking. Although not much has been claimed about what exactly this entails, critics of the deal argue that NAFTA is to blame for job losses and wage ...

80% of fund management industry redundant

Michael Johnson - 28 November 2016 - Economy

The Financial Conduct Authority (FCA) is to be congratulated on its recent interim Asset Management Market Study. Its robust, independent and damning evidence skewers any justification that active fund management of listed assets is worth the candle.The consequences for the asset management industry are potentially devastating, but radical surgery is ...

Grade B for Hammond's last Autumn Statement

Daniel Mahoney - 25 November 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. Compared to the March forecast, the Office for Budget Responsibility (OBR) is projecting an additional £122.1 billion of borrowing over the five year forecast period. Nearly half of the decline in fiscal ...

Balancing the Budget Should Remain a Priority after the Autumn Statement

Alexander Fiuza - 24 November 2016 - Economy

When Philip Hammond was appointed Chancellor of the Exchequer and signalled that he was dropping Osborne’s targets, there was much talk of an end to austerity. Parts of the media portrayed it as a repudiation of austerity’s goals, rather than a recognition that the targets wouldn’t be met. The government ...

CPS Autumn Statement Wishlist

Daniel Mahoney - 22 November 2016 - Economy

For this Autumn Statement, the CPS’ ‘wishlist’ focuses on six areas that could help boost supply side growth: tax reform, infrastructure, free ports, housing, energy and corporation tax exemptions.Tax Reduction and Simplification The UK’s tax code is around 21,000 pages long and has around 1,100 tax reliefs. This complexity ...

Research as a catalyst for socio-economic progress

Saagar Dattani - 27 October 2016 - General

The degree of success Research and Development (R&D) funding has had in fostering innovation, economic growth, competitive advantages, and labour productivity has historically varied depending on the specific business sector which funding is directed towards. Nonetheless, longstanding academic rhetoric and field outcomes suggests that advocating R&D does have a positive ...

Will Heathrow expansion get the go ahead? The signs look encouraging.

Daniel Mahoney - 10 October 2016 - Economy

An announcement on airport expansion is imminent. The Government is set to make a final decision when the Cabinet Aviation Subcommittee meets either tomorrow (11th October) or a week on Tuesday.It is important for passengers that Heathrow expansion is finally given the go ahead, particularly as the additional future demand ...

A Workable Solution to Immigration

Ben Bowers - 21 September 2016 - Immigration

A poll by Lord Ashcroft in the aftermath of the EU referendum established that immigration was the second most prominent reason for voting to leave, with a third of Leave voters agreeing. Yet despite valid arguments on both sides of the immigration argument, the quality of debate has been poor. ...

Grammar schools can work, but not under the old system

Ben Bowers - 08 September 2016 -

After more than 20 years in the wilderness, grammar schools are back on the agenda. In an effort to broaden the Conservative party’s appeal and boost social mobility, the new Prime Minster Theresa May is considering removing the ban on grammar schools at the party’s conference next month. Grammar schools ...

T-Ticked Off

Daniel Gibbs - 02 September 2016 - Trade

The negotiations between the US and the EU for the Trans-Atlantic Trade and Investment Partnership, or TTIP, are shrouded in secrecy. This is draconian and out-dated.Secret trade deals used to be the norm across the globe with talks being conducted in dark rooms between people we would never hear the ...

Competition, not nationalisation, is the solution to Britain's inadequate railways

Ben Bowers - 26 August 2016 - Infrastructure

The railway industry is at the forefront of national debate at the moment. The latest scandal emerged when Jeremy Corbyn filmed a short clip on the floor of a Virgin East Coast train bemoaning the lack of space before returning to his seat 45 minutes into the journey. On top ...

Employment on merit - the skills deficit in manufacturing

Edward Hamilton-Stubber - 22 August 2016 - Economy

The British manufacturing sector’s contribution on a global and national level has been in steady decline since the 70’s. Under Prime Minister Edward Heath, manufacturing contributed to 30% (Gross Value Added) of Britain’s economic output, and by 2014 this had slipped to just 9.7%. When compared globally, Britain is the ...

Resolution not rivalry – how Austria prevents strikes

Edward Hamilton-Stubber - 16 August 2016 - Employment regulation

Recent strikes by Southern Rail and Eurostar staff this summer are a reminder of the UK’s persistent struggle with labour disputes. Those between government, businesses and labour unions, that fail to be resolved through negotiation, are detrimental to the economy. Particularly those over public transport services. For example, the lowest ...

The Pensions Dashboard: maintain the momentum

Michael Johnson - 15 August 2016 - Economy

A week does not go by without some learned article lamenting the lack of transparency in the pensions industry.  But perhaps the tide is turning: the Government has now recognised that it is in the national interest to redress the balance in favour of the consumer.  In his last Budget ...

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