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Blogs by Adam Memon

Adam joined the Centre for Policy Studies as Head of Economic Research in January 2014. 

  • Don’t forget non-wage labour costs

    Don’t forget non-wage labour costs

    | Economy
    There are some quite important changes happening in the labour market. It is clear that we are seeing a considerable tightening with the employment rate at a record high and unemployment falling to 5.5%. Unemployment is continuing to fall although at a slower pace and it may be that we ...
  • Child Poverty figures

    Child Poverty figures

    | Economy
    Tomorrow’s release of child poverty figures are expected to see an increase in relative poverty. Whilst this may be disappointing, it is important to remember that the relative poverty measure is more a measure of inequality than poverty. To get a real measure of poverty we need to look more ...
  • Privatise the Green Investment Bank

    Privatise the Green Investment Bank

    | Environment
    Last year we called for the privatisation of the Green Investment Bank, so it is good to read in the Financial Times today that the Government is considering how this can be done. Privatisation would completely free the Bank to leverage private capital and become an even more serious provider ...
  • Tax reform is needed to raise productivity

    Tax reform is needed to raise productivity

    | Tax
    Yesterday I attended an event held at the Social Market Foundation with Paul Johnson the Director of the Institute for Fiscal Studies discussing tax policy. He was certainly interesting and there was much that he said with which I agreed. For example, our increasing dependence on a highly mobile elite ...
  • Reforming apprenticeships will boost skills development

    Reforming apprenticeships will boost skills development

    | Economy
    The Government recently announced measures which are aimed to raise the status of apprenticeships alongside reaching its aim of 3 million new apprenticeships by 2020. These measures involve, for example, taking legal action against firms which are running bogus schemes. Apprenticeships are not just a marketing tool or a helpful ...
  • Mass privatisation for mass private ownership

    Mass privatisation for mass private ownership

    | Economy
    The privatisation of state owned assets is not only a useful way to raise revenue but has historically injected more competition into markets. This frees the employees of state owned assets to be more creative and is likely to lead to greater innovation and productivity enhancing changes. Harriet Maltby’s recent ...
  • How UKTI can up its game

    How UKTI can up its game

    | Economy
    Given the large trade deficit which Britain faces, attention has inevitably turned towards what the Government is doing to hold back or support export growth. United Kingdom Trade and Investment (UKTI)  is the trade support body which provides advice to British companies which are looking to start exporting and to ...
  • Britain must do more to increase cybersecurity

    Britain must do more to increase cybersecurity

    | General
    Big businesses have traditionally been the most common victims of cybercrime and economic espionage perpetrated through cyberspace. The problem is clearly getting worse because the average cost of the most severe online security breaches for big business has more than doubled just over the last year to reach £1.46 million. ...
  • Don’t fear an increasing minimum wage – it helps the country’s poorest

    Don’t fear an increasing minimum wage – it helps the country’s poorest

    | Economy
    This article originally appeared in City A.M. "The great challenge for the government over the next five years is to raise productivity and living standards, while also continuing in its efforts to cut the deficit. Significant reform to planning, skills, tax and regulation will all be necessary. But one regulation which ...
  • On the minimum wage

    On the minimum wage

    | Economy
    Last week I wrote a piece for CapX which examined ways to help low paid workers. I argued that cutting the tax burden and improving productivity would drive long term real wage growth, allow people to keep more of what they earn and reduce price pressures. I also argued that ...
  • Unleashing the Sharing Economy

    Unleashing the Sharing Economy

    | Economy
    This article is taken from the CPS Economic Bulletin written by Adam Memon and Tim Knox. To receive it by email before it is available online, sign up here. The Sharing Economy is one of the UK’s fastest growing and most exciting sectors. It entails a host of new companies which are ...
  • The Triple Challenge facing Britain's Oil and Gas Sector‏

    The Triple Challenge facing Britain's Oil and Gas Sector‏

    | Energy
    This article is taken from the CPS Economic Bulletin written by Adam Memon, Angeliki Terpou and Tim Knox. To receive it by email, sign up here. Britain’s oil and gas industry contributes about £24 billion in Gross Value Added to the economy and employs approximately 240,000 people directly and within the wider supply chain. Oil and ...
  • Competition can crush Crony Corporatism 

    Competition can crush Crony Corporatism 

    | Economy
    This article is taken from the CPS Economic Bulletin written by Adam Memon and Tim Knox. To receive it by email, sign up here. Competition is at the heart of what makes capitalism so effective at increasing prosperity. Companies which fear losing their customers to current or future rivals are forced ...
  • Nothing progressive about opposing wider asset ownership

    Nothing progressive about opposing wider asset ownership

    | Economy
    In recent days, a variety of proposals aimed at spreading asset ownership have come under fierce criticism from so-called progressives. In particular, the proposals to extend the Right to Buy and to sell Lloyds bank shares to individuals have been condemned by people claiming to be “progressives” who care about ...
  • When a balanced budget means more borrowing

    When a balanced budget means more borrowing

    | Economy
    It is quite common for politicians to distinguish borrowing for current spending and borrowing for investment purposes. The Conservatives and UKIP propose to reach an absolute budget surplus by 2018/19 and Labour proposes to achieve a budget balance on current spending by 2020. When politicians only say that they want ...