Economics & Social Policy

Social Care

What do we want from the next Prime Minister on Social Care?

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21st Century Social Care

This research paper explores the nature and extent of the serious and urgent problems affecting the provision of social care in the UK.

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Andrew Tyrie

Effective competition policies – a key to prosperity

Historically, the UK has not had as effective competition policies as other countries – but that can change.

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International Trade Secretary visits Policy Exchange for a keynote speech

Rt Hon Liam Fox MP, Secretary of State for International Trade, visited Policy Exchange to deliver a keynote speech on free trade and the UK’s place in the world after its departure from the EU.

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The Euro

20 years of the euro

Twenty years after the creation of the euro, a powerful cocktail of forces have made the southern economies of Europe permanently uncompetitive compared to the northern economies and the wider international economy. Yet the currency may limp on for years yet

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Mark Carney on “Capitalism in America”

Bank of England Governor Mark Carney spoke at a Policy Exchange event with Alan Greenspan, former Chairman of the Federal Reserve, and Adrian Wooldridge, The Economist’s Bagehot columnist, to launch their new book, Capitalism in America.

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Latest Economics & Social Policy Publications

Global Champion: The case for unilateral free trade

Global Champion: The case for unilateral free trade

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In a major new study, Policy Exchange argues that as the UK leaves the EU, it should unilaterally abolish all tariffs. This would reduce UK consumers’ shopping bills, increase productivity and promote global prosperity. We can also disarm the threat of a ‘No Deal’ Brexit. In the Foreword, Australian High Commissioner to London Alexander Downer said: “Trade is not a zero-sum equation. In the decades ahead all major economies should remove their tariffs and open their markets to competition. As the UK once again takes its place at the WTO it should take the opportunity lead by example and remove its tariffs.”

Global Britain, Global Solutions: How British R&D can transform international development

Global Britain, Global Solutions: How British R&D can transform international development

This new Policy Exchange report, published today — written by Economic and Social Policy Research Fellow, Jonathan Dupont — recommends that the UK should double the proportion of its international aid budget spent on research and development, in order to solve the most pressing global challenges and support the Government’s Industrial Strategy. George Freeman MP, Chair of the Conservative Policy Forum, has written a Foreword for the report.

Global Britain, Global Challenges: How to make aid more effective

Global Britain, Global Challenges: How to make aid more effective

Policy Exchange today publishes ‘Global Britain, Global Challenges: How to make aid more effective’. The report makes a strong case for the importance of overseas aid and supports the Government’s commitment to spending 0.7 per cent of national income on aid. The report has a foreword by Scottish Conservative leader Rt Hon Ruth Davidson, MSP; she wrote for The Times today about why “Looking forward, a global Britain should both maintain its world-leading aid budget and be a champion for free trade”.

Latest Economics & Social Policy Blogs

Financial Stability Post Brexit

Financial Stability Post Brexit

Policy Exchange’s Warwick Lightfoot – former Special Adviser to three Chancellors – looks at the possible impact of Brexit on financial stability and the willingness of the world to act in the event of another financial crisis.

Latest Economics & Social Policy News

The Budget and the Digital Services Tax

The Budget and the Digital Services Tax

Responding to the Chancellor’s announcement of a Digital Services Tax, Jan Zeber, Policy Exchange’s Research Fellow on Prosperity, told Sky News that the policy should not be viewed as a measure to help the high street. In the long-run, brick-and-mortar shops need to offer something that online retailers cannot, rather than aim to compete directly.

Michael Taylor gives evidence to Environment Committee

Michael Taylor gives evidence to Environment Committee

Farmers should be rewarded for land stewardship and public goods, and removing tariffs will increase consumer choice and keep prices down, helping the poorest most. That was the message Policy Exchange’s Economics Research Fellow Michael Taylor gave to the EFRA Select Committee when discussing Farming Tomorrow, our seminal report on opportunities for replacing the Common Agricultural Policy after Brexit.

Warwick Lightfoot argues for agriculture policy reform on Farming Today

Warwick Lightfoot argues for agriculture policy reform on Farming Today

Policy Exchange’s Director of Economics & Social Policy Warwick Lightfoot – former Special Adviser to three Chancellors – appeared on the BBC to argue the case for reform of agriculture policy as Britain leaves the EU. Warwick pressed that farm policy is not currently aimed at supporting consumers and this should be reviewed as the UK moves away from the Common Agricultural Policy.

Latest Economics & Social Policy Events


  • Friday, 6 April, 2018
    8:45 - 10:00

Policy Exchange welcomed Siv Jensen, Norwegian Finance Minister and leader of the Progress Party, who said that British and Norwegian views on the single market in financial services have often been aligned and reflected on the challenges for monetary policy, including the lowering of inflation targets and an increase in interest rates to ensure credit risk is appropriately priced. Singling out the housing market, she argued that home ownership is cherished by people in both Norway and Britain – and that a balanced approach to regulation is required to avoid asset booms (and busts).

Venue:  

Address:
Policy Exchange, 6th Floor, 8 – 10 Great George St, Westminster, London, SW1P 3AE, United Kingdom


  • Tuesday, 30 January, 2018
    8:00 - 9:00

The Chief Secretary to the Treasury, Rt Hon Liz Truss MP, made the case for the free market in an event at Policy Exchange. Truss said that free enterprise has huge economic benefits, driving down prices and creating growth and jobs, and is intensely democratic and open, breaking down monopolies, hierarchies and outdated practices.


  • Thursday, 7 December, 2017
    12:00 - 13:45

How can the UK ensure that it is competitive post Brexit? Dominic Raab MP joined an expert panel to offer answers to this question which will have a significant impact upon the wealth of the country following Brexit. This event marked the launch of Everyone has a part to play: Improving the UK’s competitiveness post-Brexit by enhancing the rule of law, a new report from Linklaters on this once-in-a-generation opportunity to reinforce the rule of law and hence the UK’s economic competitiveness and prosperity.

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