Fixing the leak: How to end the £22 billion annual taxpayer losses at the Bank of England
The Bank of England increased its interest rates over recent years, aimed at reducing inflation. But this has also had an unintended effect on the Bank of England’s massive government bond buying – ‘quantitative easing’ – programme. After a period of making significant profits on this programme, the Bank of England is now making record […]
Reforming gambling taxation: How to lift half a million children out of poverty
A key priority for the government’s upcoming child poverty strategy should be to remove the two-child limit and scrap the household benefit cap. These measures would cost around £3 billion and, while we recognise there are fiscal constraints facing the government, there are options on the table right now which could meet these costs and […]
How to build a decade of national renewal: Five lessons from history
The new government has promised to usher in a decade of national renewal. Its intention is to speed up growth in living standards and close the wide gaps between regions; to restart the engine of social mobility between and within generations; to make Britain a healthier and safer country, with its health service and police […]
How to Tackle Truth Decay
When then-President Donald Trump was briefed on the California wildfires in 2020, the scientific opinion he heard was that climate change was real and had contributed to the conflagrations that ended up consuming more than 4 million acres and killing 31 people. His response? “Science doesn’t know.” Millions of Americans trusted Trump, a fact he […]