Economics & Social Policy

  • Economics & Social Policy

    "taking responsibility"

    By encouraging responsibility by individuals, government and business we believe that growth can be secured, public services improved and better outcomes delivered for families across the UK.

    Read more about the unit here

    About Economics & Social Policy
  • Joined Up Welfare

    Joined Up Welfare shows that the UK's system for helping people into work is in urgent need of reform and proposes a radical new structure centred around the specific needs of the individual. A new system would enable private companies and charities to compete with government providers to offer more personalised and specialist support to jobseekers.

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    Jobseekers
  • Taxing Jobs

    Taxing Jobs argues that because pay and productivity have remained strongly linked over the course of the recession, wages will begin to rise and productivity will improve as employers take on more staff. Providing a boost to the labour market in the form of a cut to the payroll tax for businesses would speed up the rate at which companies take on more staff. This would reduce unemployment more quickly and force employers to improve productivity and therefore pay among their workforces.   Read more

    Jobs, Growth and Pay
  • Smarter Sanctions

    Policy Exchange sets out a more compassionate, but stricter, regime for those breaching their welfare conditions. With as many as 68,000 people a year having their Jobseeker's Allowance unfairly withdrawn, we call for benefits to still be made available through a 'benefit card' for first time offenders to prevent unnecessary hardship. We also call for more stringent penalties for people who consistently break the terms of their job search requirements.   Read more

    Sanctions
  • Child Poverty Strategy adopts Policy Exchange proposals

    Recommendations for helping lone parents into work from our Parenting Alone report have been taken forward in the government's draft Child Poverty Strategy. This will see additional support provided through Universal Credit so lone parents can keep more of their earnings before their benefits start being withdrawn, as well as bespoke employment support from JobCentre Plus. Read more

    Lone Parents

Latest Economics & Social Policy In the news

  • 11 August 2014 | Pressure to slash benefits outside richer South-east

    • The Express covers recommendations from an impending Policy Exchange report which analyses where additional savings could be made in the welfare system. One proposal the report will make is that the government should lower the benefit cap outside of London and the South East where there is a lower cost of living.

  • 10 August 2014 | Cutting benefits outside London could save millions, think tank says

    • Ahead of the release of a Policy Exchange report looking into where additional savings could be made within the welfare system, The Daily Telegraph has covered some of the forthcoming recommendations. Our paper will say that the government should lower the benefits cap outside London and the South East to reflect the lower cost of living.

Latest Economics & Social Policy Publications

  • 21 July 2014 | Joined Up Welfare: The next steps for personalisation

    • Joined Up Welfare shows that the UK's system for helping people into work is in urgent need of reform and proposes a radical new structure centred around the specific needs of the individual. A new system would enable private companies and charities to compete with government providers to offer more personalised and specialist support to jobseekers.

  • 24 June 2014 | The Global Economy: Prospects for growth and assessing the UK’s position

    • By 2050, global output is projected to treble, with two-thirds of growth coming from emerging economies. The developed world will have to change radically if it is to adapt to this new environment successfully. To realise the opportunities of the next four decades successfully – for the developing world to adapt to dramatic social and economic changes, and for the developed world to face its structural, fiscal and demographic challenges and ‘pay its way’ in the years ahead, it is vital that these long-term issues are addressed.

Latest Economics & Social Policy Blogs

  • 25 September 2014 | The skills debate is critical to the future of our coastal towns

    • Policy Exchange's Director of Communications Nick Faith highlights the fact that, although people can see the economy improving many are still not seeing their own life circumstances improving. Nick highlights the plight of coastal towns in particular, and calls for the government to address the economic problems people are facing through a focus on improving training, jobs and wages.

  • 22 July 2014 | A bold plan to make welfare more personalised and responsive

    • Ruth Porter, Head of Economic & Social Policy at Policy Exchange, outlines the recommendations made in our recently published report Joined Up Welfare. The report calls for a more personalised approach to welfare provision to ensure that jobseekers with multiple challenges to finding work are provided with the right support.  It argues that private companies, charities and the employment services part of Jobcentre Plus should be allowed to compete to provide support to jobseekers because, as Ruth argues, competition drives improvement. 

Latest Economics & Social Policy Event