Michael Johnson’s letter to the Telegraph on property taxes
Michael Johnson’s to the Telegraph on property taxes on 5 December 2016 Paul Johnson, the head of the Institute for Fiscal Studies (comment, November 22), has suggested that we could ease the housing crisis by increasing council tax to reflect property valuations more closely, and thereby fund more construction. This is impractical for one reason:… View Article
Tony Lodge writes on the stakes of the UK energy policy debate
Energy analyst Tony Lodge writes for the Telegraph that the stakes are high in the UK energy policy debate. “It is high noon for Britain’s fledgling energy policy. Years of failed interventions, arbitrary green targets and damaging subsidies will come to a head in this week’s capacity auction, when we will either see investors commit to building… View Article
Michael Johson’s letter to the Financial Times
Michael Johnson wrote “We’re making less and less that is useful and valuable” to the Financial Times on 2 December 2016 “Sir, The Financial Conduct Authority’s recent report concerning asset management provides robust, independent and damning evidence that skewers any justification that active fund management of listed assets is worth the candle. As I read it, a misquote of… View Article
Tom Burkard writes for the telegraph on Ofsted blighting poor pupils
CPS research fellow Tom Burkard, author of Children Behaving Better and founder of the Phoenix Free School in Oldham, writes that Ofsted itself is blighting poor pupils on 2 December 2016. “I don’t think anyone doubts that Sir Michael Wilshaw is sincere in his desire to raise standards in schools serving disadvantaged communities. He is admirably frank… View Article
Michael Johnson’s Briefing Note featured in Financial Times
The Financial Times featured Michael Johnson’s briefing note ‘80% of fund management industry redundant‘ on 28 November 2016 “The Centre for Policy Studies has claimed 80 per cent of the fund management industry is “redundant”. The claim followed the recently released Asset Management Market Study conducted by the The Financial Conduct Authority (FCA), which raised concern active fund management… View Article
Investment Week Writes on Michael Johnson’s Briefing Note
Investment Week featured Michael Johnson’s briefing note ‘80% of fund management industry redundant‘ on 28 November 2016 “In response to the Financial Conduct Authority’s (FCA’s) Asset Management Market Study, Michael Johnson at the thinktank Centre for Policy Studies has said some 80% of the active investment industry is unnecessary, calling for pension schemes to embrace… View Article
Grade B for Hammond’s first and last Autumn Statement
CPS head of Economic Research Daniel Mahoney writes about the Chancellor’s last Autumn Statement on CapX The headline figure of an additional £122 billion of borrowing over the next five years will no doubt have been a source of great concern to many people. This decline in the public finance outlook since March this year (less than… View Article
France Needs Thatcherism – Can Fillon Deliver It?
Thatcherite candidate François Fillon is favourite to win today’s Les Républicains primary run-off vote against centrist Mayor of Bordeaux Alain Juppé. Fillon – considered an Anglophile – has spoken of his respect for former UK Prime Minister Margaret Thatcher and the vital reforms that she and President Ronald Reagan undertook in the 1980s. M. Fillon spoke at… View Article
Daniel Mahoney discusses the Autumn Statement on Share Radio.
CPS head of economic research Daniel Mahoney discusses the Autumn Statement on Share Radio, Thursday 24 November 2016.
Autumn Statement Response
Following the Autumn statement, Daniel Mahoney, Head of Economic Research, comments: “Hammond’s abolition of the Autumn Statement is a welcome move. It will reduce uncertainty for businesses that will no longer have to face changes to the tax system twice a year. “The Statement’s focus on boosting productivity – particularly through the promotion of infrastructure… View Article
Rishi Sunak MP on free ports in the Yorkshire Post
Rishi Sunak MP, author of CPS report “The Free Ports Opportunity“, wrote for the Yorkshire Post on why free ports will help restore the UK’s trading spirit, Tuesday 22 November. “When in 1770, after a perilous two year journey around Cape Horn, a small ship became the first European vessel in history to drop anchor on the Australian continent its… View Article
Bill Jamieson writes for the Scotsman on CPS infrastructure bulletin
Bill Jamieson writes for the Scotsman on the implications of the CPS bulletin “Infrastructure Can Be a Bad Investment“ on 19 November 2016 “It’s all looking better than we dared hope: unemployment down again last month, retail sales rising at their fastest rate in 14 years, growth UK-wide higher than expected – and Chancellor Philip Hammond set to announce an… View Article
CPS infrastructure bulletin features in The Times
CPS economic bulletin “Infrastructure Can Be a Bad Investment” featured in The Times, Friday 18 November 2016. “The government has been urged to consider radical reform of how it commissions and finances infrastructure projects, amid concerns over the spiralling bill for high-speed rail and problems with building new homes and airport capacity. The Centre for… View Article
Hammond should be cautious about further borrowing for infrastructure – Daniel Mahoney for CapX
Daniel Mahoney wrote “Hammond should be cautious about further borrowing for infrastructure”, citing CPS bulletin “Infrastructure Can Be a Bad Investment“, for CapX on 18 November 2016 There is no doubt that Britain’s infrastructure is in need of upgrading. Britain’s road, rail and air transport infrastructure scores 27th, 19th and 18th respectively out of 138 countries analysed by the World… View Article
Tim Knox writes for Brexit Central on free ports
CPS Director Tim Knox wrote for Brexit Central on the report “The Free Ports Opportunity” by Rishi Sunak MP, Monday 14 November 2016. “The concept of Free Ports is thousands of years old (with Delos in Ancient Greece having originally pioneered the concept). Today they prosper all around the world. Handling over $750 billion of merchandise and… View Article
What should the West’s new recipe be for economic success? – Daniel Mahoney for CapX
There is no direct equivalence between the UK’s historic decision to leave the EU and the extraordinary election of Donald Trump in the US. Yet to some extent, a number of common denominators explain both populist movements. If centre-right movements want to survive across the Western world, they will need to consider how best to… View Article