City A.M.: Economic think tank calls for Openreach to be carved out from BT as Ofcom deadline looms
CPS economic bulletin “Break BT’s Monopoly on Broadband Infrastructure” was featured in City A.M., Tuesday 17 February 2016. “BT faces fresh calls for its broadband infrastructure arm Openreach to be hived off today, after economists at the Centre for Policy Studies (CPS) found the UK is falling behind international competitors. The CPS also has warned Britain’s current… View Article
UK government intervention is damaging Britain’s energy security
CPS head of economic research Daniel Mahoney wrote for City AM on Hinkley Point C and renewables, Monday 15 February 2016. “The UK’s electricity margins have become very narrow in recent years. National Grid’s latest winter outlook report suggests they are currently at just 1.2 per cent, increasing to 5.1 per cent with the use of emergency measures…. View Article
Daniel Mahoney in Yorkshire Post: Oil glut will not harm case for fracking
CPS head of economic research Daniel Mahoney wrote for the Yorkshire post on why the oil glut will not harm case for fracking, Tuesday 2 February 2016. “THE dramatic collapse of oil prices by 75 per cent since 2014 has sent shockwaves through the global economy. An aggressive geo-political strategy from Saudi Arabia – which is… View Article
Press release: £1,000 per hour: the price of law is restricting access to justice
In a new report The Price of Law, published by the Centre for Policy Studies on Friday 5 February, leading legal costs expert Jim Diamond argues that the hourly rates charged by top London corporate law firms are so high that they risk restricting access to justice. Hourly rates for a partner at a top London… View Article
Daniel Mahoney debates the Housing Bill on Sky News
CPS Head of Economic Research Daniel Mahoney debated the impact of the UK Housing Bill with Eddy Graham of Carers UK on Sky News, 27 January 2016. See a clip of the debate below:
Andreas Wesemann op-ed for City AM
Andreas Wesemann, author of CPS publication “The Abolition of Deposit Insurance“, wrote for City AM, Thursday 21 January 2016. “Deposit insurance has been the most sacrosanct component of the regulatory regime for banks since it was widely introduced during the 1970s following the collapse of the Bretton Woods regime. However, while it seeks to protect consumers… View Article
Michael Johnson’s CPS work leads the way – Paul Goodman, Conservative Home
ConservativeHome writer and former MP Paul Goodman cited Michael Johnson’s work on saving in an article for the Conservative activist website, Thursday 21 January 2016. “None the less, as Michael Johnson put it last year on this site, “tax relief is first and foremost a core component of personal tax planning…rather than a saving incentive”. In other… View Article
Daily Mail feature CPS deposit insurance report
CPS report “The Abolition of Deposit Insurance” by Andreas Wesemann was featured on the Daily Mail’s This is Money website, Saturday 16 January 2016. “Britain should scrap the savings safety net of £75,000 to strengthen the British economy, a think-tank has argued in a report. Andreas Wesemann – the author of the Centre for Policy Studies… View Article
The Times: Call to scrap £75,000 depositors’ safety net
CPS report “The Abolition of Deposit Insurance” by Andreas Wesemann was featured in The Times newspaper, Friday 15 January 2016. “In a report published today, the CPS says that the system, which has operated in the UK since 1979, has increased “moral hazard” in the banking industry by making lenders lax about their risk assessment and… View Article
Daily Telegraph: Scrap guarantees for savers’ deposits to avoid banking crises, says think tank
CPS report “The Abolition of Deposit Insurance” by Andreas Wesemann was featured in the Daily Telegraph, Friday 15 January 2016. “Savers’ deposits should no longer be guaranteed by the Government, as this insurance has made the UK more prone to banking crises, a think tank has warned. The Center for Policy Studies (CPS) said that after… View Article
Press Release: CPS welcomes government enquiry into intergenerational unfairness
On Wednesday January 13 the government announced a major and long overdue inquiry into intergenerational unfairness – a move welcomed by Michael Johnson, Research Fellow at the Centre for Policy Studies, who has written extensively on the issue, raising awareness and urging government action. In Who Will Care for Generation Y?, published by the Centre for Policy… View Article
City AM: Daniel Mahoney on the greek pensions timebomb
CPS head of economic research Daniel Mahoney wrote for City AM on how unsustainable greek pensions are threatening the country’s future, Thursday 14 January 2016. “You may have thought that the Greek crisis was over. But as today will show, when Eurozone finance ministers meet to discuss – among other things – the Greek government’s… View Article
Pooling UK local pension fund assets is ‘mere tinkering’ (Financial Times)
Centre for Policy Studies report “LGPS (2018)” was featured in the Financial Times newspaper, Sunday 10 January 2016. “Michael Johnson, a research fellow at the Centre for Policy Studies, the UK think-tank, believes the measures will not deliver the much-needed improvements in infrastructure spending. “What we are witnessing is mere tinkering, masking the fundamental truth that the LGPS is… View Article
CPS LGPS report featured in The Times leader
Centre for Policy Studies report “LGPS (2018)” was featured in a leader in The Sunday Times newspaper, Sunday 10 January 2016. “A recent survey by the Centre for Policy Studies found that total costs for the scheme have risen by 76 per cent since 2009 and fund management costs by 51 per cent for the 2014-15 financial… View Article
Press release: Reform failing Local Government Pensions Scheme NOW
The Local Government Pension Scheme (LGPS) is rapidly running out of cash to meet pensions in payment, because of excessive pension promises relative to contributions. In a new report LGPS (2018) published by the Centre for Policy Studies on Sunday 10 January 2016, Michael Johnson warns that to avoid crisis the Government must take action now. The LGPS… View Article
CPS responds to Government announcement on new homes
In response to today’s Government announcement that it “is to step in and directly commission thousands of new affordable homes” largely on publicly-owned land and brownfield sites, CPS authors Keith Boyfield and Daniel Greenberg comment: “The real cause of the failure to build enough new homes is not the lack of land to build on;… View Article
