Opinion and Editorial from the Policy Exchange team.
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Matthew Oakley, Policy Exchange’s Head of Economics & Social Policy, backs the introduction of a benefit cap at £26,000, but argues that it is only a short term solution. He says that if state spending is to be meaningfully reduced in the future, the government must tackle the costs of housing and rationalise financial support for the low paid.
Alex Morton, Policy Exchange’s Head of Housing & Planning, congratulates Housing Minister Mark Prisk for striking a sensible balance between supporting the social housing sector and requiring that it uses its assets in a fair and efficient way, but reiterates his call from Ending Expensive Social Tenancies for councils to sell off the most expensive council housing when it becomes vacant and use the proceeds to build new, better quality social housing.
Following the broadcast of ‘The Murder Trial’ on Channel 4, Policy Exchange Crime & Justice Research Fellow Charlotte McLeod makes the case for televising court cases. Charlotte highlights the inconsistency of allowing social media into courtrooms, but not TV broadcast, and argues that with stringent safeguards in place broadcasting court proceedings offers an important opportunity to engage the public in understanding how our judicial system works.
Guy Newey, Policy Exchange’s Head of Environment & Energy, argues that while, on the face of it, now seems to be a pretty good time to be a green investor, the increased utilities prices that will result from the contracts for new power generation may mean that government support will not be sustainable.
In an open letter to the new governor of the Bank of England, Mark Carney, on his first day in the job, Policy Exchange’s Head of Financial Policy James Barty urges the new governor to replace QE with credit easing and loosen the rules on capital ratios in order to get the banks lending. He also suggests that Carney should employ more senior people with financial markets experience.
Sean Worth, Head of Policy Exchange’s Better Public Service Project, argues that the UK has a huge opportunity to bring in more money and improve public services by commercialising them abroad. By selling their brands and expertise as franchises abroad, they can be tasked with making cash to reinvest back home. He calls for the government to create overseas trade missions based explicitly on public service delivery and showcase our best providers to the world.
Max Chambers, Head of Crime and Justice at Policy Exchange, argues that the UK’s penal system is in danger of failing the hardest-to-help. Payment-by-results, he argues, will provide a potentially revolutionary powerful commercial incentive for providers to innovate and effect some badly needed cultural changes within the probation system.
Ed Holmes, Policy Exchange’s Senior Research Fellow for Economics & Social Policy, sets out our proposed new ‘Route2Work’ scheme from our report of the same name. The report sets out how we can help get the very hardest to help back into work by giving upfront funding to Route2Work providers based on the calculated amount of benefit their claimants would receive.
Max Chambers, Policy Exchange’s Head of Crime & Justice, writes calling for David Cameron to make a game-changing offer to the young middle classes if he wishes to secure election victory in 2015. Max argues that a sensible discussion needs to be had with the older generation to persuade them that it is in the interest of their grandchildren and generational fairness that they take less generous old age perks.
Simon Moore, Environment & Energy Research Fellow at Policy Exchange, sets out the case from our report If the Cap Fits for ambitious reform strengthening the EU Emissions Trading Scheme, based on a demanding 2035 cap.