Head of Economic and Social Policy
Steve Hughes is the Head of Economic and Social Policy. Before joining Policy Exchange, Steve worked at the Bank of England in its Banking Services Directorate, where he conducted research into the circulation of banknotes, and helped manage the regulatory system that governs cash distribution in the UK. Prior to this, Steve worked at the British Chambers of Commerce, producing economic indicators and advising on tax, international trade and SME finance policy. He has also worked in Parliament, researching HM Treasury legislation as it passed through the House of Commons. Steve read economics at the University of Nottingham.
Related Posts & Publications
by Steve Hughes | Feb 17, 2016The latest release of UK labour market statistics again shows impressive headline numbers. The employment rate is the highest since comparable records began in the early 1970s, and the unemployment rate remains down at the low levels we saw in the years leading up to...
by Steve Hughes | Jul 13, 2015Introducing the Living Wage Premium The Office for Budget Responsibility (OBR) estimates that the new “Living Wage Premium” will see the effective Minimum Wage rise from £6.50 today to £9.35 by 2020, benefitting around 6 million people – but at the cost of 60,000...
by Steve Hughes | Jul 8, 2015On the Living Wage By far the biggest announcement of the Budget was, of course, the announcement of a new Living Wage Premium to be paid on top of the Minimum Wage for those over 25. The OBR estimates that this will see the effective Minimum Wage rise from £6.50...
by Steve Hughes | Mar 29, 2015The flexibility of the UK labour market dampened the shock to the economy of the financial crisis. As this Parliament approaches its end, and the recovery continues, the employment rate is the highest ever recorded, and the unemployment rate is falling towards...
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