Robert Colvile and Daniel Mahoney warn Philip Hammond not let recent economic figures tempt him into ending austerity, the Chancellor has no room for complacency.Read More
In this Pointmaker, Andrea Leadsom MP argues that competition in the banking sector has been too weak for too long and must be strengthened.
In this factsheet, our Economics Researcher Ryan Bourne discusses the scale of the government’s official deficit and debt.
In this Pointmaker, Charlie Elphicke MP sets out 10 short-term policies to stimulate the economy.
In this Pointmaker, Tim Morgan analyses the five fiscal fallacies propagated by opponents to spending cuts.
In this paper, published by CPS Research Fellow Michael Johnson, in anticipation of the Hutton review on public sector pensions, Johnson showed that taxpayers should not be liable for plugging the £10 billion annual shortfall in public sector pensions and that the key principle of public sector pensions reform should be self-sufficiency.
In this paper, Jon Moulton argues that more strenuous and rapid cuts in government spending are needed.
David Martin shows how, in the near future, only 6% of benefits will be paid on a contributory basis – and thus the time has come to recognise that the contributory principle has faded away. He recommends that NICs should be merged with income tax.
In this Pointmaker, Tim Morgan argues that despite the level of cuts being described as swingeing, savage or draconian, that they are, in fact, modest, considering the 53% real terms increase in government spending between 1999-2000 and 2009-10.
In this paper, the authors put forward a range of detailed policy proposals, including greater regional pay flexibility for public sector workers, the localisation of the benefit system and the curtailment of benefits.
In this paper, the authors argue that the long-term growth rate can be increased and is best achieved through reform of structural policies which could lead to a cumulative increase in GDP of between £80 billion and £120 billion by 2020.
In this detailed paper, CPS Research Fellow Michael Johnson calls for a radical simplification of the UK’s savings framework.
In this paper the authors questioned the limits of economic wisdom and argued for government economic policies based on political boldness.
In this paper, the authors recommend a programme of targeted tax cuts, aimed at restoring economic growth and regaining tax competitiveness.
In this paper, George Trefgarne shows that, while quantitative easing has been a success in the short term, it contains many risks: it has already added £14 billion to the National Debt and could be even more expensive in the future; it could undermine the pound; it is having a serious impact on pension deficits and annuities.