Business, jobs and growth

Business is the wealth generator of the UK, and small and family businesses are the often neglected heart of the UK economy, with family businesses alone employing nearly four in ten of the UK’s workforce. We propose ways to make the UK an economy all businesses can thrive in.

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1 - 16 of 373 Research articles

Why Choose Britain?

Robert Colvile - Economy

Britain’s prosperity has long depended on being open to talent and investment. Following Brexit and the pandemic, and amid the worst cost of living crisis in a generation, that openness is more important than ever. It is crucial to boosting economic growth and raising living standards, and will be absolutely necessary in delivering the Government’s… View Article

Cutting the cost of living

Karl Williams - Economy

British households continue to face the dire realities of a worsening cost of living crisis, which the Government has rightly made its number one priority. A new Centre for Policy Studies briefing paper today outlines a host of measures that the Government could implement immediately to help address the short term challenges of the cost of living… View Article

Economic Bulletin: Back to the 1970s?

Karl Williams - Economy

The Cost of Living Crisis The cost of living squeeze is already hurting British households, and it’s only going to get worse. Inflation – which reached 5.5% in January – is outpacing wage growth, leading to a decline in real incomes. Interest rates are going up. At least two thirds of adults are reporting cost… View Article

National Insurance: A Plan to Blunt the Pain

Robert Colvile - Economy

With every week that goes by, the depth of the cost of living crisis becomes clearer – and the impact on households worsens. So the Government’s planned 1.25% rise in National Insurance Contributions, set to come into force in just two weeks, could not come at a worse time. The Centre for Policy Studies has… View Article

Trading Up

Nick King - Economy

SMEs make up 99.9% of UK businesses, employing 16.3 million people. They are at the heart of the UK economy. Yet historically, they have been far more reluctant to export than their international rivals. Only one in 10 British businesses export; far fewer than many of our European counterparts. In a major new paper, CPS… View Article

Economic Bulletin: Is there any money left?

Karl Williams - Economy

With Covid restrictions finally lifted, the country’s attention is turning from public health back to the economy. Cost of living pressures, the balance between tax, spending and debt, and the pressing need to raise Britain’s mediocre long-term growth rates are once more at the forefront of the policy debate – and rightly so. Britain faces… View Article

Clearer, Fairer, Better: The case for UK subsidy transparency

Anna Powell-Smith - Economy

A joint paper by the Centre for Policy Studies and Centre for Public Data, backed by the Government’s Anti-Corruption Champion, John Penrose MP, argues that the Government should slash the new threshold for declaring subsidies from £500,000 to £500

Looking East: The Case for UK Membership of CPTPP

Elizabeth Dunkley - Economy

In a new report for the Centre for Policy Studies, Anthony Mangnall MP makes a robust case for British membership of the CPTPP trading area

Levelling Up and Zeroing In

James Heywood - Economy

A new report by the Centre for Policy Studies says the Government can level up and decarbonise the economy simultaneously by introducing a carbon border tax, alongside a selection of other policies

Budget Briefing: The Age of the Trillion-Pound State

CPS - Economy

In a comprehensive briefing note, the Centre for Policy Studies’ research team set out the most important takeaways from the Budget – including the fact that Boris Johnson is set, by 2025-6, to usher in the age of the trillion-pound British state.

Pricing Pollution Properly

Eamonn Ives - Energy

Britain has made impressive progress on decarbonisation – but the most painful part of the process lies ahead The consensus behind Net Zero could fracture if decarbonisation is perceived as unfair, or if it raises costs for consumers excessively Evidence shows that market mechanisms such as carbon pricing have been successful at delivering decarbonisation cost… View Article

Budget 2021: A Recipe for Recovery?

Tom Clougherty - Economy

CPS urges Chancellor to help private sector drive recovery

History Repeating? The lessons of the postwar recovery

Jethro Elsden - Economy

History Repeating? The lessons of the postwar recovery

Public Sector Pay: The Case for Restraint

Robert Colvile - Economy

Public sector pay freeze could save up to £23 billion by 2023

The Case Against Raising the Minimum Wage

Jethro Elsden - Economy

The generosity of the impulse behind raising and expanding the National Living Wage can only be applauded. But going ahead with the current plans will harm the very people it is designed to help.

After the Virus: A plan for restoring growth

Sajid Javid - Economy

Major new report by Sajid Javid MP and Centre for Policy Studies sets out a vision for economic recovery after the pandemic. Report stresses vital importance of Bank of England independence but argues that the Government and the Bank should consider a shift in its remit from targeting inflation to nominal GDP, in order to better deliver sustained growth.

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1 - 16 of 373 Research articles