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James Cleverly: Kemi needs me in City Hall
Conservatives

James Cleverly: Kemi needs me in City Hall

This is a highlight from the event programme of the Centre for Policy Studies (CPS) – CapX’s parent organisation – at this year’s Conservative Party Conference. You can watch all the panels and interviews on the CPS YouTube channel. The housing market has ground to a halt in London – in large part because of political decisions […]

Helen Whately: you can't have social security without national security
Welfare

Helen Whately: you can’t have social security without national security

This is a highlight from the event programme of the Centre for Policy Studies (CPS) – CapX’s parent organisation – at this year’s Conservative Party Conference. You can watch all the panels and interviews on the CPS YouTube channel. The £23 billion [in welfare savings] is just the start. The number will be higher by […]

Katie Lam: Nimbys are a symptom of broken planning
Policy

Katie Lam: Nimbys are a symptom of broken planning

In the mid-90s, you could save up a deposit for a house in a year; now it takes about a decade. That’s a really meaningful change. That’s a whole stage of your life where 30 years ago you might reasonably have expected to become a homeowner and now that is highly unlikely In a room […]

The wiring diagram behind Thatcher's revolution
Economics

The wiring diagram behind Thatcher’s revolution

Even before he became Prime Minister in July, Andy Burnham had talked about the country in institutional, positively mechanical ways. He promised to ‘give Britain the circuit-breaker it needs’, and said that his Number 10 North, part of the Office for the Prime Minister and Cabinet based – where else? – in Manchester, would be […]

How to make British infrastructure cheap again
Transport

How to make British infrastructure cheap again

Britain is pretty good at spending money on infrastructure. In the most recent OECD data, only China spent more on rail infrastructure as a share of GDP. Yet the problem for Britain is that we’re pretty bad at actually building infrastructure for the money that we do spend. The bulk of the money in the […]

Policy

Innovation

Britain’s banks should not be crypto’s gatekeepers

Britain says it wants to be a global hub for digital assets. Yet many people who want to use a lawful, FCA-registered crypto service cannot reliably move their own money to one. This is a test of whether the UK believes in individuals’ freedom to control their own money.  A growing number of banks now […]

AI Minister speaking at UK government showcase and reception event.
AI

Three questions the new AI Minister must answer

The elevation of an AI Minister to the Cabinet Office appears like a triumph for the technology. But Kanishka Narayan is, essentially, on his own island, floating between Andy Burnham’s inner circle and the Department for Business, Innovation, Science and Trade (BIST) – unmoored from AI’s former home, the Department for Science, Innovation and Technology […]

Man removing CapX North sign at office entrance.
Economics

Can No 10 North pass the MG Rover test?

The Prime Minister has announced that economic policymaking will be led by No 10 North. Does this mean that the so-called ‘dead hand’ of the Treasury will no longer be able to frustrate worthwhile projects which will boost the UK economy? Or does it run the risk of expenditure and borrowing getting out of control […]

Drought-affected reservoir with bridge and exposed land.
Capitalism

Don’t blame the water companies for hosepipe bans

More than 20 million people across England and Wales are currently under hosepipe bans. This should be no surprise following the driest July on record, with the Met Office provisionally recording just 5.6mm of rain across England, less than half the previous record, set in 1911. But how much of the blame can be laid […]

Clock with red strings symbolizing complex bureaucracy and time delays.
Regulation

Red tape is a tax on time

People argue endlessly about Britain’s tax burden – now the highest since the Second World War – but almost nothing is said about the time businesses lose to compliance. No Chancellor stands at the despatch box and tells firms they are about to spend another few billion pounds’ worth of working time satisfying new rules. […]

Electric vehicle being charged at a city charging station.
Energy & Environment

Don’t force electric cars on drivers – cut taxes instead

What do Richard Tice, Kevin Hollinrake and Peter Kyle all have in common?  I wish I had a wittier answer to what sounds the set-up to a poor joke, but unfortunately I only have one answer – they all own an electric vehicle (EV).  If three men, who have wildly diverging political views, lifestyles and […]

How driverless cars can save Britain
Technology

Driverless cars can save Britain

One doesn’t like to be a disappointment to one’s parents. But in (at least) one crucial regard, I’ve let my dad down. He is a steam train enthusiast, and I’ve never shown a blind bit of interest. So it was more with filial duty than pleasure that I took the old man to the Didcot […]

Nick Boles’s plan for Europe is unworkable
Brexit

Reversing Brexit by stealth is a fantasy

This weekend the Telegraph ran a story with the striking headline ‘Burnham told to trade nuclear umbrella for access to single market’. The idea is the brainchild of Nick Boles, the former Conservative MP who quit the party in 2019 over Brexit, switched his allegiance to Labour and helped to advise Keir Starmer on the […]

Why Reform's Deliveroo law is bad for business
Labour Market

Why Reform’s Deliveroo law is bad for business

Zia Yusuf has announced his proposal for a ‘Deliveroo law’ which would make it a criminal offence for CEOs and company directors to use or employ illegal immigrants, i.e., they’d face jail for non-compliance. And if that were not enough to discourage them, 10% of their global turnover could be seized for repeated breaches. Irrespective […]

Your new home comes with a hidden tax bill
Housing

Your new home comes with a hidden tax bill

When a household pays £450,000 for a new home in England, a striking share of that price is not paying for bricks, mortar or even land. It is paying for planning obligations, biodiversity rules, regulatory overhead and delay-driven finance costs – none of which is itemised for the family that ultimately bears the cost. Stamp […]

Ideas

Wanted: a warrior against Britain’s decline

During the 1979 general election campaign, Margaret Thatcher famously said: ‘I can’t bear Britain in decline. I just can’t.’ If you’re a seasoned research professional who shares that sentiment, and who wants to fight for a high-growth, low-tax, small-state Britain built on personal and economic freedom, then I have just the job opening for you. […]

The UK must follow the path to prosperity
UK Politics

The UK must follow the path to prosperity

When I was born in 1998, Britain had reached an optimistic point. It was the era of ‘Cool Britannia’: Tony Blair had won a landslide majority the year before to the tune ‘Things Can Only Get Better’, business was confident in our economy, employment was rising and we had low inflation. Yet by the time […]

Burnham's devolution plan isn't enough
Taxation

Burnham promised power – he’s sending pocket money

Let me give Andy Burnham his due. For the best part of a decade he was the most persuasive voice in the country for letting go – for the plain truth that a decision taken in Whitehall about a town no official has ever visited tends to be worse than the one the people who […]

Nationalising Thames Water would sink Burnham
Policy

Nationalising Thames Water would sink Burnham

In his first days as Prime Minister, Andy Burnham announced a series of populist pledges that purport to address the cost of living, but fail to address the deep structural issues afflicting the British economy. Burnham will soon discover – like the four short-lived predecessors who held office before him – that the voters of […]

The second staircase rule is pricing out a generation
Regulation

The second staircase rule is pricing out a generation

I’m 23. Like many of my friends, I endured the British education system all the way to university: GCSEs, A levels and then an undergraduate degree. Now, with little opportunity to progress in the small town we grew up in, those same friends are now looking to move to a city for work.  For some, […]

Burnham is taking the wrong lesson from Germany
Europe

Burnham is taking the wrong lesson from Germany

Last week, Andy Burnham inaugurated ‘No 10 North’, his signature project, by working for the first time from the government’s new Manchester base, a self-styled ‘situation room for growth’. The symbolism was clear: power would no longer be concentrated in Whitehall. But the rhetoric remains stronger than the detail. The detail we have is concerning. […]

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