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 paper, Conservative MP Brooks Newmark calculates the true level of public debt to be £2,220 billion (159% of GDP).
In this paper, historian Niall Ferguson argues that the first priority for a Conservative Chancellor of the Exchequer must be to address one of the key causes of the financial crisis: the existence of financial institutions that consider themselves too big to fail – but which are run in such a way that they are bound to do so.
CPS Research Fellow, Michael Johnson, recommends significant reforms to the proposals for Personal Accounts – in particular, allowing savers to concentrate their pension savings over the first ten years of retirement, allowing for higher incomes during the active part of most people’s retirement and enable the State Pension to be raised.
In this paper, CPS Research Fellow David Martin, discusses how and why benefit simplification must be done.
In this paper, MP for Dover and CPS Fellow Charlie Elphicke, analyses how the poorest households in the UK have fared badly since 1997.
In this Pointmaker paper, Jill Kirby and Iain Griffiths, put forwards what was one of the first critical analyses of government proposals to raise the top rate of income tax to 50p.
In this paper, Chairman of the Centre for Policy Studies Maurice Saatchi, published this report to coincide with the introduction of his Bill in the House of Lords on the same subject.
In this paper. Stock market historian John Littlewood, analyses the performance of the London Stock Market under Labour and how it has been worse than those of all other major Western economies (with the exception of Japan).
In this paper, Managing Director of Europe Economics Andrew Lilico, reports into the actions taken by the Government to prop up the UK banking sector and puts forward recommendations on how the crisis should have been handled and where it should go from here.
In this paper, banking and finance expert Natalie Elphicke, outlines her central recommendation that given the rise in house repossessions, governments efforts should be focused on encouraging the courts to be more understanding of those in arrears rather than direct government support as such measures are often expensive and futile.
Public sector net debt is set to rise to around 50% of GDP, once the costs of the recent bank bail-outs are included.
The banking crisis has its roots in mistaken monetary and economic policies; and in regulatory failure.
According to the most recently published data, in September 2008, the UK’s Public Sector Net Debt (including Northern Rock) is £632.7 billion. This is equivalent to 43.3% of GDP.
Average household taxes are up by £7,800 a year in nominal terms since 1997. (The aggregate total increase in the household tax burden – including business taxes – is nearly £10,000 since 1997).
Every political party believes in the idea of better regulation. And yet every political party, once in government, fails to achieve better regulation.