Bonus ISAs proposes a new scheme to give people more flexibility to build up their tax-free savings pots during the course of a lifetime. The "Bonus ISA" would be offered to anybody who is unable to use their full annual tax-free savings allowance (currently set at £15,000). People would be given the power to roll over any unused portions of their existing ISA allowances into their Bonus ISA account.
Warmer Homes presents a character profile of the 2.3 million households in England living in fuel poverty. Among the findings in the report is the fact that nearly half of all fuel poor households (1.1m) are in work, challenging the perception that fuel poverty primarily involves the elderly and retired.
Swift and Certain
Prolific criminals serving community orders, who break the terms of their probation, could be sent to jail for up to a week under plans that would make the criminal justice system swifter and fairer. Currently 1 in 3 offenders serving such orders fail to complete them. The report argues that replicating the Haiwaiian HOPE probation programme - from which it draws inspiration - could cut non-compliance numbers in half. Read more
The last word on Piketty
Policy Exchange was delighted to host an all-star panel to discuss what the lasting influence of Thomas Piketty's Capital in the Twenty-First Century will be. Chaired by Newsnight presenter Evan Davis, the panel included the FT's economics editor Chris Giles, political strategist and Labour adviser John McTernan and economic historian Prof. Deirdre McCloskey.
Wolfson Economics Prize 2014
The second Wolfson Economics Prize was awarded to David Rudlin of URBED. His entry, which proposed extending existing cities according to garden city principles, was unanimously voted the winner by the Judges.