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  •  8 factual errors by Polly Toynbee in our debate

    8 factual errors by Polly Toynbee in our debate

    Adam Memon | | Economy
    On BBC News yesterday, I took part in a debate with Polly Toynbee on the latest GDP figures. Whilst at the CPS we don’t always agree with Polly’s stances, it was an absolute pleasure to meet her. She is a fair and formidable debater. Sometimes there are things we think ...
  • Good news on growth

    Good news on growth

    Adam Memon | | Economy
    Today’s figures from the ONS show that GDP grew 0.8% in the first 3 months of 2014. This is more good news for the UK. Output is 0.6% below where it was in Q1 2008 which means that it has almost reached its pre-crisis peak. Output in Q1 2014 is ...
  • No room for complacency

    No room for complacency

    Adam Memon | | Economy
    The latest figures published by the ONS on the public sector finances show improvements in the UK’s fiscal position. Nevertheless, there is much more left to do before success can be declared.For 2013/14 public sector net borrowing was £107.7 billion excluding the Royal Mail, Asset Purchase Facility and temporary financial ...
  • Productivity is still the key weakness

    Productivity is still the key weakness

    Adam Memon | | 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.Data published by the ONS on Wednesday showed the labour market continues to perform ...
  • Politicians 'misguided' on banning zero-hour contracts

    Politicians 'misguided' on banning zero-hour contracts

    Adam Memon | | 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

    On tax cuts it's Lawson v Howe

    James Pilditch | | 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

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

    Michael Johnson | | 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

    Better-Off-Outers have no chance without economics

    Adam Memon | | 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

    Thatcherism lives on

    Adam Memon | | 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

    Jobs before wind farms

    Adam Memon | | 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?

    What happened to the Twin Deficit Hypothesis?

    Adam Memon | | 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% ...