Centre for Policy Studies

NESO, the grid operator, is in the headlines due to alarming accusations by @ClaireCoutinho. But it is worth revisiting @CPSThinkTank's work on its endorsement of Clean Power 2030, because it suggests a potential pattern of behaviour. (1/?)

Great poster 👀

Read the new CPS briefing by Daniel Herring here cps.org.uk/research/why-r…

Increasing CGT would also be a massive hit to Britain’s global competitiveness. Raising CGT to 45% would make it the highest in the world! Our overall tax competitiveness would also fall to 34th out of 38 OECD countries.

Andy Burnham is days from entering No.10 and those close to him are pushing a range of economically damaging tax hikes. One idea that keeps coming up is to increase Capital Gains Tax, or even equalise it with income tax. But the Government's own figures show that change would lose money, not raise it 🧵

At @CPSThinkTank’s annual conference in April, I suggested that this trend was underway. Although I didn’t have the pithy title of “solotrepreneur” to hand! The rise in solotrepreneurs will be a key bellwether for how much agency we feel we have as a society. People need to believe they can go and bring things of incredible value into the world, and that AI can lower the barriers to doing so. There are also all sorts of interesting questions to work out around the tax implications of a trend towards solotrepreneurs.

Read the full announcement on Liam Halligan's appointment as CPS Director here: cps.org.uk/media/post/202…

Liam Halligan succeeds Robert Colvile as CPS Director, who has led the think tank since October 2017 after first joining as Editor of CapX in 2016. Under his leadership the CPS has continued the mission Keith Joseph and Margaret Thatcher set out in 1974, developing policies that widen enterprise, ownership and opportunity, and cementing its place as one of Westminster's most influential think tanks. Robert isn't going far. He stays on with the CPS to lead an exciting new policy programme on small business and enterprise.

The Centre for Policy Studies is delighted to announce the appointment of Liam Halligan as its next Director. A leading economist, columnist and broadcaster, Liam takes up the role on 14 September, staying on as a Sunday Telegraph columnist and Planet Normal co-host along the way, and we couldn't be more thrilled to have him join us.

See @Ben_A_Hopkinson’s new briefing for @CPSThinkTank! Implicit and explicit subsidies total an astonishing £79 billion a year. And contra Burnham, it’s so expensive to build it and so heavily subsidised it never pays back the build cost.

Punchy from Daniel Herring of @CPSThinkTank on Britain's long-term fiscal nightmare capx.co/britain-is-goi…

The UK isn't short of social housing. It's short of homes: 6.5 million of them. Burnham's plan won't touch that, and by pulling money and focus away from large-scale housebuilding, it may even make things worse. Full report from our @Ben_A_Hopkinson out today: cps.org.uk/wp-content/upl…

Then there are the implicit subsidies. The average social home is let at £10,250 below the equivalent private rent. Across 4.2 million homes that's a £43bn gap every year. A Londoner who gets a house at 25 and lives to 81 receives over £1 million in lifetime subsidy.

Andy Burnham has pledged ‘the biggest council house building programme since the post-war period’. But our research shows that housing subsidies in England already total £79bn a year, and the UK has the 4th highest share of social homes in the OECD, double the EU average.🧵

Read the full report on England’s £79 billion housing subsidy here: cps.org.uk/wp-content/upl…

🚨 OUT TODAY: England is already subsidising housing by £79bn a year, yet Andy Burnham wants ‘the biggest council house building programme since the post-war period.’ New research from our @Ben_A_Hopkinson shows why that's the wrong answer to the wrong problem ⬇️