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Football's regulator is not fit for purpose
Economics

Football’s regulator is not fit for purpose

The Manchester City scandal drags on. Tax Policy Associates now argues, based on the Premier League commission’s findings and leaked documents, that the club may have failed to pay some £12 million in income tax and NICs due on the pay of Roberto Mancini, who managed the club from 2009 to 2013. City, which denies […]

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 […]

It's time to end Britain's licence raj
Growth

It’s time to end Britain’s licence raj

A generation ago, when Asia’s leading tiger economies were places like South Korea or Singapore, India was the region’s teenage disappointment. Everyone agreed it had huge potential but it seemed stuck in life’s slow lane. The ‘Hindu rate of growth’ was a byword for handwringing and frustration, rather than the awe and admiration we take […]

Nobody is trying to copy the NHS
Health

Nobody is trying to copy the NHS

It reads like a horror story. A tiny baby projectile vomiting for four feet. Sinister rashes moving across newborn skin. A shifty nurse hovering over the cot of an infant with blood around his mouth. The looming threat in these sentences: ‘Mother D could see her daughter looked better and so went back to bed. […]

Next has won a victory for common sense on pay
Economics

Next has won a victory for common sense on pay

A rare glimmer of sanity as Reuters reports that the British clothing retailer Next ‘has won an appeal allowing it to keep paying ​warehouse workers more than sales consultants’. The report adds that: The ​ruling on basic pay overturns a key part of a 2024 Employment Tribunal decision ‌in ⁠favour of over 3,500 current and […]

Regulation

Dear Andy, leave us alone, because we're alright
UK Politics

Dear Andy, leave us alone, because we’re alright

Dear Andy Burnham, Firstly, I must congratulate you on your new role. I am sorry that I have not written to you sooner and I know that you’ve technically been in post for a while now. In my defence though, you did go away almost immediately after taking office. The reason that I am writing […]

UK transport minister speaking to a crowd at a public event.
Housing

How to unblock Britain’s economic arteries

Between all the usual August silly-season news stories about how the Prime Minister makes tea (milk first, apparently) or his go-to Greggs pie (it’s the sausage, bean and cheese melt, since you asked) was something altogether more serious: where the Government plans to build 70,000 of its promised 300,000 new affordable and social homes. It […]

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 […]

Military officials and personnel at a briefing with UK and yellow flags in background.
Defence

Nimbyism is now a national security threat

Britain and America have spent a decade arguing about Nimbyism as if it were a housing problem. It is much bigger than that: our inability to build, in a broad sense, has grown into a source of geopolitical weakness.  The economic argument has been made already. Growth controls add anywhere from 17% to 38% to […]

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 […]

Biodiversity rules are strangling small house builders
Housing

Biodiversity rules are strangling small housebuilders

As an architect and developer, every day I must wade through the swamp of planning rules, building regulations, financial restrictions and NIMBYism peppering the landscape of the construction sector. One set of rules in particular though, and one sub-set of those rules, grinds my goat so intensely for its sheer wanton stupidity and backward-thinkingness, that […]

Britain's pharma policy
Regulation

Britain’s pharma policy is a gift to Ireland

Here’s a fun fact for you: Ireland, a country of just over 5 million people, is one of the top five largest exporters of pharmaceuticals on the planet. Ireland’s exports are estimated around 100 billion euros, with 19 of the top 20 pharmaceutical companies having a significant footprint employing roughly 50,000 people. This has translated […]

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 […]

New Zealand shows how to solve the equal pay crisis
Regulation

New Zealand shows how to solve the equal pay crisis

Outgoing governments often try to craft a legacy for themselves by introducing policy traps that incoming governments find hard to undo, such as Rishi Sunak’s National Insurance cuts in 2024 or Gordon Brown’s introduction of the 50p top rate of income tax in 2010. Keir Starmer just did something similar by initiating a huge expansion […]

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, […]

Britain's next chancellor needs a chainsaw
Growth

Britain’s next chancellor needs a chainsaw

Britain’s spending and tax choices now fall to John Healey. My expectation? Higher spending, higher taxes and meaningless tweaks to welfare reform. Tuesday’s decision to cut VAT from domestic electricity bills could save the average household around £45 a year. Fine as far as it goes. But it will do nothing to boost productivity, stimulate […]

Britain's batty rules on who gets to live
Regulation

Britain’s batty rules on who gets to live

Almost lost between this week’s national mourning (in England anyway) over the World Cup, and the endless Westminster fantasy-football speculation about who’s going to be in or out of Andy Burnham’s first cabinet, was an oh-so-British announcement about Dartmoor ponies. The endangered breed had been put in further peril by Natural England’s plans to protect […]

This is the speech Burnham needs to give on day one
Capitalism

This is the speech Burnham needs to give on day one

Below is a speech incoming Prime Minister Andy Burnham could give – one that would unite the country around a shared vision of prosperity. Prosperity for All My fellow citizens, Today, as I stand before you as your Prime Minister, I want to cut through the political noise and give you the unvarnished truth about […]

The regulator shouldn’t rig your YouTube feed
Regulation

The regulator shouldn’t rig your YouTube feed

The way we as consumers engage with news, TV and online media is continually evolving. Traditional TV has been increasingly usurped by streaming services. Apps like YouTube are taking up a greater share of viewers’ time and are now successfully competing with the likes of Netflix. It is natural that in this environment competition is […]

Sadiq Khan is right to take on London’s Nimbys
Ideas

Sadiq Khan is right to take on London’s Nimbys

Should Sadiq Khan decline to run for a fourth term as London mayor, his contribution to public life will largely have been stoking the culture war. From spaffing European symbols over the New Year’s fireworks to funding bemusing anti-misogyny campaigns, the public messaging has been relentless, if little else has. And yet there’s another cultural […]

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