Economics & Social Policy Blogs

The Spring forecast – better news but still too pessimistic

The Spring forecast – better news but still too pessimistic

Policy Exchange’s head of economics Warwick Lightfoot – former Special Adviser to three Chancellors – argues the Spring Statement was slightly more positive than the forecast published at the time of the November Budget last year, but remains too pessimistic about the future course of the economy.

Democracy and Brexit

Democracy and Brexit

Reflecting on the Foreign Secretary’s speech at Policy Exchange last week, Director of Research and Strategy Rupert Oldham-Reid summarises the speech.

Britain should unilaterally drop tariffs and become a champion of free trade

Britain should unilaterally drop tariffs and become a champion of free trade

Today the Foreign Secretary gave a major speech at Policy Exchange – the first in a series by UK Ministers setting out the Government’s vision for Britain after Brexit. Our advice is simple – Britain should unilaterally drop tariffs and become a champion of free trade. This message has important, progressive consequences and is contained in Policy Exchange’s latest report.

Britain, her balance of payments, and the benefits of a flexible exchange rate and open economy

Britain, her balance of payments, and the benefits of a flexible exchange rate and open economy

Policy Exchange’s Head of Economics – and former Special Adviser to three chancellors – Warwick Lightfoot highlights new analysis from the Bank of England that show the UK’s foreign investments have enabled it to withstand a deterioration in the her balance of payments. Coupled with a reduction in the exchange rate, the continuing strength of the UK’s foreign investments means she will be able to weather future economic storms and capitalise on the opportunities presented by Brexit.

Perspectives on the Irish Border and Brexit negotiations

Perspectives on the Irish Border and Brexit negotiations

Two of Policy Exchange’s leading experts on Irish Affairs, former Irish diplomat Ray Bassett and former Special Adviser to the First Minister of Northern Ireland Dr Graham Gudgin, evaluate the Stage 1 Brexit Agreement published last week. Although welcome progress has been made, key issues remain outstanding and have the capacity to present difficultly if not resolved.

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