Speaking at the Centre for Policy Studies think tank, Ms Truss announced a new equalities data project, to report next summer
Speaking at the Centre for Policy Studies think tank, Ms Truss announced a new equalities data project, to report next summer, that will amass information on life outcomes to work out where the most disadvantaged are based. Read more in The Telegraph here.
The new fight for fairness – Liz Truss’ speech at the Centre for Policy Studies
Today the Minister for Women and Equalities, the Rt Hon Liz Truss MP, delivered a landmark speech setting a new approach to tackling inequality across the UK. At the heart of the new direction will be a commitment to individual dignity and opportunity. This is the first time in several years that a Cabinet minister has delivered… View Article
Online Harms Bill must protect freedom of speech as well as the young and vulnerable
Responding to today’s Government statement on plans to regulate online harms, Robert Colvile, Director of the CPS, said: “We are pleased to see the Government is moving in the right direction on online harms, and adopting a more balanced approach as set out by the CPS’s paper in the summer. “We recommended treating large and small… View Article
CPS Response to the Chancellor’s Spending Review for 2021-22
Read the press release Responding to the Chancellor’s Spending Review for 2021-22, Robert Colvile, Director of the CPS, said: “Today’s spending review recognises the extraordinary scale of the Government’s fiscal response to the pandemic, but also the extraordinary and long-lasting economic damage that it has inflicted. “It is right to prioritise jobs, health and… View Article
A three-year freeze could save the Exchequer up to £23 billion, says think tank
The Centre for Policy Studies think-tank has estimated a three-year freeze could save the Exchequer up to £23 billion. Read more in The Telegraph here.
Capital Gains Tax rise will impede growth and investment
Responding to proposals by the Office of Tax Simplification to bring Capital Gains Tax rates in line with income tax, Robert Colvile, Director of the CPS, said: “As our Head of Tax, Tom Clougherty, pointed out in a recent CPS briefing note, aligning Capital Gains Tax and Income Tax rates, as suggested by the Office of Tax Simplification, would seriously… View Article
Abolishing stamp duty, scrapping 45p income tax would boost economic growth, says report
The Centre for Policy Studies claims the UK would rise from 22nd to 9th in the International Tax Competitiveness Index. Read more in The Telegraph here.
Rishi Sunak urged to replace ‘unfair’ Triple Lock as amount rises
The Centre for Policy Studies (CPS) has said the Triple Lock is creating a strain on the public purse, and that instead an alternative approach should be considered. It comes as the think tank released its nine-point plan for helping the Treasury save money as Britain recovers from the financial impact of the pandemic. Read more… View Article
Scrap pensions triple lock to help save UK finances, says influential thinktank
A right-of-centre thinktank with close links to Downing Street has called for the pensions triple lock to be scrapped, the aid budget to be cut and child benefit further limited as part of £30bn worth of spending cuts designed to spare the UK from post Covid-19 tax increases. You can read more here.
New report sets out £30bn in government savings
The coronavirus crisis has left a gaping hole in the public finances. Government figured being released this week (Wednesday) are expected to show borrowing has reached historic levels as a result of the pandemic. Instead of raising taxes, which would risk choking off recovery, the Government should first ensure that every pound of existing spending is… View Article
UK’s tax regime trails rival countries
Britain is in the bottom half of a league of developed nations for tax competitiveness. Research by the Tax Foundation has found that the UK ranks 22nd for offering competitive rates in the Organisation for Economic Co-operation and Development, a club of 36 advanced nations. Read more here.
Top think-tank warns Rishi Sunak to avoid ‘act of self-sabotage’ in bid to repair battered public finances
Increasing taxes to pay for the Covid crisis would be ‘an act of self-sabotage’ which would derail Britain’s economic recovery, Rishi Sunak was warned last night. The Chancellor has repeatedly signalled that tax rises will be needed to repair the battered public finances. Read more here.
UK ranks in bottom half of international tax competitiveness index
UK comes 22nd out of 36 OECD countries in 2020 International Tax Competitiveness Index, published today by the US-based Tax Foundation. 16 European countries are already outperforming UK on tax competitiveness. The UK currently ranks 33rd out of 36 on property taxes, 17th for corporation tax and 24th on personal income taxes. Tax rises on business reportedly being considered… View Article
CPS welcomes PM’s commitment to ‘Generation Buy’
In an interview with The Daily Telegraph today, the Prime Minister stressed his commitment to helping ‘Generation Buy’ via long-term fixed-rate mortgages – a Conservative manifesto proposal inspired by the Centre for Policy Studies’s landmark report ‘Resentful Renters’. The report was written by entrepreneur and philanthropist Graham Edwards, Executive Chairman of Telereal Trillium and Chair… View Article
MPs try to ban ‘harmful’ words from the Internet in a new free speech row as critics argue new laws will ‘seriously threaten freedom and democracy’
New laws to ban ‘harmful’ words from the internet are unworkable and will ‘stifle’ freedom of speech, an influential report has found. Ministers’ plans to force blanket regulation on online companies and websites to protect people will not work, according to a new report by think-tank the Centre for Policy Studies. Read more here.
CPS responds to Chancellor’s Winter Economic Plan
The Centre for Policy Studies, the leading centre-right think tank, welcomed the announcement of the Chancellor’s Winter Economy Plan. Robert Colvile, Director of the CPS, said: ‘With the resurgence of the coronavirus and the tightening of restrictions, it was clear that some form of continued employment support would be needed – but that the… View Article
