Economics & Social Policy Blogs

A welfare system fit for the 21st Century

A welfare system fit for the 21st Century

Policy Exchange’s Head of Economic and Social Policy, Steve Hughes, highlights some of the key recommendations made in our recently published Welfare Manifesto. The report proposed greater personalisation of help for job seekers, making the Winter Fuel Payment opt-in and the creation of a compulsory collective insurance scheme as part of plans to make a fairer, more affordable welfare system.

The Bonus Isa: Why we should make tax-efficient saving even more flexible

The Bonus Isa: Why we should make tax-efficient saving even more flexible

Steve Hughes, Policy Exchange’s Head of Economic & Social Policy, sets out how a Policy Exchange proposal to create ‘Bonus ISAs’ can help give savers more flexibility. By allowing unused portions of an ISA allowance to build up into a Bonus ISA, savers will be able to take advantage of greater tax-free savings capacity in years where they would fill their ISA allowance.

One Week Down, Seventeen to Go

One Week Down, Seventeen to Go

The first week in the run-up to the 2015 general election has been spent by Labour and the Conservatives flinging tax and spending accusations at one another. Jonathan Dupont, Policy Exchange’s Economics & Social Policy Research Fellow, looks at what has been said, and what this reveals about the parties’ spending plans.

Autumn Statement 2014 – The Five Big Questions

Autumn Statement 2014 – The Five Big Questions

Ahead of the Autumn Statement, Policy Exchange’s Economics Research Fellow Jonathan Dupont asks 5 key questions on the state of the economy: how much will the worldwide slowdown affect the UK; how much lower can unemployment go; when will pay and productivity pick up; how big is the hole in the public finances; and what are the parties going to do to close the gap?

It is time for more radical ideas to make welfare fit for purpose

It is time for more radical ideas to make welfare fit for purpose

Policy Exchange’s Head of Economic and Social Policy, Steve Hughes, outlines the thinking behind our recently published report Making Contributions Count. The report calls for the next government to legislate for a new welfare system that establishes a clear link between contribution and benefits, and argues that only then will public trust in the benefits system be restored.

Getting the long-term unemployed back to work under Universal Credit

Getting the long-term unemployed back to work under Universal Credit

Ed Holmes, Senior Research Consultant for Economics at Policy Exchange, calls on the government to seize the moment in tackling problems in the otherwise successful Work Programme. He sets our recommendations from his recent report Work 2.0 to ensure that the Work Programme works hand-in-hand with Universal Credit, building a more personally tailored employment system and helping getting claimants into ‘mini-jobs’ and building skills.

The skills debate is critical to the future of our coastal towns

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.

A bold plan to make welfare more personalised and responsive

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.

What are the Tories’ election plans?

What are the Tories’ election plans?

Ruth Porter, Head of Economic & Social Policy at Policy Exchange, looks at what last week’s Cabinet reshuffle might reveal about David Cameron’s plans for the 2015 general election. Ruth highlights the promotion of Liz Truss and Michael Fallon who are both “adept media performers” and could play an important role in campaigning ahead of the election. She also argues that David Cameron will focus on how fixing the economy is a two-term project, which is why George Osborne has been left as Chancellor.

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