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 24, 2015As a nation, we are bad at saving. While the reasons for this are many and varied, the belief that house prices are a one-way bet, the design of our welfare system, and the inability of humans to properly judge their future financial needs all contribute to UK...
by Steve Hughes | Feb 6, 2015The welfare state needs to be made fit for the 21st century. This requires the next government to make social security simpler, fairer, more effective, and more affordable. The centre piece of any reforms should be a bigger role for the contributory principle, meaning...
by Steve Hughes | Jan 21, 2015Our ability to save varies considerably within a lifetime. When we can put money aside, the government plays a role in encouraging and influencing how we do it. The last five years have seen some notable increases in the generosity and flexibility of tax-efficient...
by Steve Hughes | Oct 17, 2014We need to find ways of making the welfare state fit for the 21st century. It needs to be made more relevant, more flexible, more transparent, and more cost effective. Only after this is achieved will public trust be restored in the way benefits are managed and paid....
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