Green levies should be taken off energy bills to ease costs, says think tank
Green levies should be scrapped from energy bills and shifted on to general taxation to reduce the burden on households, argues the Centre for Policy Studies (CPS). In its latest set of proposals to cut the cost of living crisis, the face spiralling energy, fuel and food costs, the think tank describes the measure as… View Article
UK Urged to Cancel Corporate Tax Increase to Boost Investment
The UK should cancel its planned corporate tax increase in order to ensure Britain remains an attractive place to do business, according to a new report by the Centre for Policy Studies. The UK’s corporate tax on companies with annual profits of more than £250,000 is due to rise to 25% in April from the… View Article
Boris Johnson should take a lesson from Emmanuel Macron to boost UK’s economic growth
Boris Johnson should follow in the footsteps of Emmanuel Macron by ensuring Britain is made a “natural home for investors,” the Centre for Policy Studies (CPS) has said. In launching a new 10-point manifesto to boost Britain’s economic growth, the CPS published new researching showing investors are worried about the UK’s trajectory and concerned about… View Article
Cancel tax rise to boost investment, say business chiefs
Britain is becoming a less attractive place in which to invest and the government should respond by cancelling the planned increase in corporation tax, according to a survey of business leaders. It found that ensuring the UK could attract investment was “utterly vital” if ministers wanted to revive economic growth and raise living standards. The… View Article
Britain at risk of becoming less attractive than France for international businesses
Britain is becoming a less attractive place to invest and risks falling behind France unless the Government becomes more business-friendly, an influential think tank has said. The Centre for Policy Studies interviewed over 100 business leaders and entrepreneurs and found the UK’s international standing was slipping as a result of red tape, rising taxes and… View Article
British families pay highest childcare costs in the developed world
Close to a third of the average couple’s income is now spent on childcare in Britain, three times the amount in Germany and the highest in Europe, according to a report from the Centre for Policy Studies. Elizabeth Dunkley, who authored the report, said tackling the cost of childcare in this way would “improve the… View Article
Minister puts carbon border tax on agenda
The carbon border adjustment mechanism, commonly known as a carbon border tax, will be among options in a consultation later in the year, Lucy Frazer, the financial secretary to the Treasury, said yesterday. Groups including the Climate Change Committee and the Centre for Policy Studies have asked ministers to consider such a tax to tackle… View Article
Economists hit back at Cable post-Brexit financial services regulation fears
The government is looking at freeing up pensions funds to invest via changes to Solvency II regulations and has given the financial regulator a mandate to consider growth in its decisions. Gerard Lyons, from the Centre for Policy Studies, said “the areas in which the UK is looking to diverge will enhance its and the… View Article
‘Don’t be like America’ Leading pollster warns cultures wars WILL destroy Britain
Dr Frank Luntz, whose political insights helped George W. Bush and David Cameron win power on either side of the Atlantic, delivered a stunning lecture where he said the twin evils of wokeism on the left and populism on the right are destroying democracy in the US. He likened wokeism to coranvirus infecting the country… View Article
Ditch peak fares and introduce Rail Miles for train passengers, Grant Shapps urged
The Centre for Policy Studies has warned “there is no going back to the old world” despite taxpayers paying £16bn to keep trains running during coronavirus. The centre-right think tank said a simpler, fairer and more flexible ticketing system – with peak fares scrapped – is required as part of measures to avoid a spiral… View Article
WFH surge saw the number of people commuting five days a week fall to just 15 per cent of pre-pandemic levels
Total commuter journeys fell to just 45 per cent of pre-pandemic levels, and only 41 per cent into London, according to analysis by the Centre for Policy Studies (CPS). But five-day-a-week, peak-hour commuting has taken the hardest hit – with levels down by 85 per cent compared to pre-Covid levels, the think-tank said. The data is… View Article
Rail could cost £6bn per year without government reform
An analysis by UK think tank Centre for Policy Studies (CPS) argued that without a complete makeover, the network will fall into a decline and underinvestment scenario that could force the government to either increase income tax or cut services to revive it. “The pandemic fundamentally changed the nature of rail in the UK,” said… View Article
Green quango blocks housing developments across Britain
Speaking at a conference organised by the Centre for Policy Studies, Ben Houchen, mayor of the Tees Valley combined authority, said: “Natural England literally three weeks ago without any consultation just decided to slap on nutrient neutrality as a requirement for any approval of housing, which now means that all five local authority areas that cover… View Article
Holi-yay boost for Brits as B&Bs could finally be able to offer money-saving deals amid end to restrictive EU laws
British B&Bs could be cut loose from EU laws hindering them offering package deals – as Jacob Rees-Mogg plans to light a bonfire of red tape. Earlier this year he urged Sun readers to write to him with which rules they want ditched – and they have been taking up the offer in droves. Yesterday told an… View Article
Brexit Britain’s bonfire of red tape held back by ‘huge cost’ of net zero
Speaking at an event organised by the Centre for Policy Studies, Mr Rees-Mogg warned of the “huge regulatory cost”. He said: “Net zero is going to be a huge regulatory cost and that is an issue for the country to face and to face up to. “If we were to have a ‘one in, one… View Article
Jacob Rees-Mogg warns over ‘huge cost’ of net zero drive
The “huge regulatory cost” of Boris Johnson’s drive for net zero will hold back plans for a post-Brexit bonfire of red tape, Jacob Rees-Mogg has warned. Speaking at an event organised by the Centre for Policy Studies, Mr Rees-Mogg said: “Net zero is going to be a huge regulatory cost and that is an issue for the… View Article
