Policy Exchange hosted Mark Carney, UN Special Envoy for Climate Action and Finance, and former Governor of the Bank of England, in conversation with Hon Malcolm Turnbull, former Prime Minister of Australia, in a webinar chaired by Juliet Samuel, Senior Fellow at Policy Exchange and Telegraph columnist. Among other questions, they discussed how to achieve net zero and what the coronavirus crisis can teach us about dealing with climate change. Watch the video on YouTube
Continuing our series on policy responses to the Coronavirus outbreak, Policy Exchange hosted its second online webinar, ‘China policy after Corona: is a shift needed?’ We were joined by Lt Gen H R McMaster, former US National Security Advisor to President Trump; Rt Hon Lord Hague of Richmond, former Foreign Secretary; Hon Alexander Downer AC, former Foreign Minister of Australia and Policy Exchange Chairman of Trustees; Julianne Smith, Director Asia Programme, German Marshall Fund of the US and former Deputy National Security Advisor to US Vice President Joe Biden’ and Lord Wood of Anfield, former Foreign Policy Adviser to Gordon Brown.
The event was chaired by Dean Godson, Director of Policy Exchange. Watch it on YouTube here.
‘Everything is different now: the UK economy and the Coronavirus crisis’ was the subject of Policy Exchange’s first public webinar. Our speakers included the main triumvirate who led the policy response to the 2008 economic crisis – Rt Hon Lord Darling of Roulanish, former Chancellor of the Exchequer; Lord King of Lothbury, former Governor of the Bank of England; Lord Macpherson of Earl’s Court, former Permanent Secretary at HM Treasury – as well as Dr Gerard Lyons, newly appointed Senior Fellow at Policy Exchange. The event was chaired by Juliet Samuel, Telegraph columnist and Senior Fellow at Policy Exchange.
Pupils will receive university offers only after their A-level results, in radical reforms to the admissions system reported on the front page of The Times. The change reflects the key recommendation made in Policy Exchange’s 2019 report Sins of Admission, which noted the disastrous impact unconditional offers can have on individual students and entire cohorts. The Times also cited Policy Exchange’s new paper, Universities at the Crossroads, which warned that universities are losing the nation’s trust. Policy Exchange’s paper also featured in The Daily Mail and in The Guardian under the headline, ‘Universities brace for government scrutiny after Policy Exchange report’.
The next round of the Contracts for Difference (CfD) scheme will be inclusive of more forms of renewable energy, including onshore wind, solar and floating offshore wind developments, the Secretary of State for Business, Energy and Industrial Strategy, Rt Hon Alok Sharma MP, announced yesterday. The new policy reflects a key recommendation made in Policy Exchange’s 2015 report, Powering Up: The future of onshore wind in the UK, which argued for the continuing inclusion of new and repowered wind projects under the CfD scheme at a time when the policy of excluding onshore wind from future CfD auction rounds was emerging.
Policy Exchange is delighted to announce that Open Europe’s team of experts – Stephen Booth, David Shiels, and Dominic Walsh – is joining us to lead the work of our Britain in the World Unit. Simon Wolfson, until now Open Europe’s Chairman, is returning to Policy Exchange’s Board of Trustees. Sir David Ord, the co-owner and Managing Director of the Bristol Port Company, will also be joining Policy Exchange’s Board of Trustees. Read the full announcement here.
“If anyone was to draw up a list of the top twenty most influential think tanks in Westminster, can anyone seriously doubt that Policy Exchange would be at number one?” That’s the verdict of Iain Dale in the LBC presenter’s latest column for Conservative Home. He calls Policy Exchange “the pre-eminent think tank in the Westminster village” and notes our unique convening power, saying: “There are few organisations that could attract power players like Mark Carney and Alan Greenspan, or Dominic Raab and Mike Pompeo to appear on its platforms.”
Policy Exchange was delighted to welcome Hon Michael R. Pompeo, US Secretary of State, to speak on “The Future of the Special Relationship”, in conversation with Rt Hon Dominic Raab MP, the Foreign Secretary, at an event in Westminster. The discussion – which ranged from Brexit to the rise of China – was moderated by Dean Godson, Director of Policy Exchange. Watch the full video here, and read coverage in The Express
The Sun reported that the Government is considering a Department for the Union to strengthen the bonds between the nations, as recommended in Policy Exchange’s Modernising the United Kingdom paper. This follows the House of Lords Communications and Digital Committee backing Policy Exchange’s proposals to increase the number of sporting events that must be shown on free-to-air TV, for example women’s national football tournaments and test cricket in Public service broadcasting: as vital as ever.
Policy Exchange was delighted that the party election manifestos reflected the priorities of our cross-party research since the last general election (and even earlier). Ideas from at least 24 papers were contained in the Conservative, Labour, Liberal Democrat and Green 2019 manifestos – from social care to education, farming to judicial power. Explore the infographic showing which ideas were adopted by the different parties here.
Policy Exchange hosts Prime Minister for the launch of the authorised biography of Margaret Thatcher
Dean Godson, Director of Policy Exchange, was delighted to welcome the Prime Minister, Rt Hon Boris Johnson MP, to the official launch of the final volume of Charles Moore’s authorised biography of Margaret Thatcher, Herself Alone.
The event, hosted by Policy Exchange, was the Prime Minister’s first visit to a think tank since he took office. It was attended by some of the surviving dramatis personae from the Thatcher era and other senior figures from the world of politics, journalism and public life.
The Prime Minister praised the biography, saying, it is “not just the greatest recent work of biography but… also, in our lifetimes, the greatest work of modern British history”. Charles Moore, the author of the 20-year project, is a Senior Fellow at Policy Exchange and was previously Chairman of the Trustees. Watch the video of the speeches on YouTube
The government has outlined an audacious package of measures aimed at dealing with the economic consequences of COVID-19, but in a fast- moving environment, it should be no surprise that policy has to continue to evolve. There have already been four fiscal packages in recent weeks, beginning with the Budget, then one focused on the corporate sector, the next on employees and last week’s targeting the self-employed. This has been supported by monetary policy. Despite this, further action is needed supported by another fiscal boost and further monetary action. It is not only the scale of the stimulus that needs to increase, but the execution of the policies. Also, the policy reaction on job protection has been impressively large, but the lack of any precedent means we cannot be certain how the measures will work.
On Thursday, the Chancellor unveiled his fourth round of policy measures to boost the economy during the Coronavirus crisis. He announced what he called a coherent, coordinated and comprehensive scheme for the self-employed. This positive approach from the Chancellor, and the speed of the Government’s response, is worthy of congratulations. Yet inevitably, in this fast-moving crisis, there remain some areas to iron out, largely linked to the policies’ likely execution and administration. The biggest challenge is the delay, as the measures unveiled will take a couple of months to implement, and the strain that this may place on those self-employed who do not have access to income during this time.
The Coronavirus pandemic represents the biggest challenge to UK police since the Second World War, according to Richard Walton, Senior Fellow at Policy Exchange and former Head of Counter-Terrorism Command at the Metropolitan Police. The paper – Policing a pandemic, part of a new series from Policy Exchange examining the policy impact of the coronavirus pandemic – recognises that, in the words of the Chief Medical Officer Prof Chris Whitty, the response of the British public to disasters and emergencies tends to be “extraordinary outbreaks of altruism”. It also notes that some aspects of criminal behaviour are very likely to decrease during periods of social distancing, for example alcohol-related disorderly behaviour, including violence that can occur in and around bars, pubs, nightclubs and restaurants, reducing police demand for emergency response calls. But the paper warns of a minority who will exploit the pandemic for criminal purposes and sets out new challenges that are likely to be faced by the police.
A new Chancellor of the Exchequer and a new Governor of the Bank of England offer the opportunity of taking a fresh look at not just monetary policy, but macro-economic policy as a whole and the role of fiscal policy within it. A decade after the Great Recession, there are profound questions that policy makers should be exploring.
Since the UK formally left the EU two weeks ago, the two sides have been gearing up for negotiations on the future relationship. The EU is still finalising its mandate, with the European Parliament and member states pushing for a tougher stance than the European Commission’s draft. The Prime Minister set out the UK’s position in his Greenwich speech earlier this mont
Today is the final deadline for university applications via UCAS. If previous years are anything to go by, over half a million hopeful applicants will have gone through the process of filling in their forms, making choices, completing personal statements in the hope of going on to an educational experience that will transform their lives.
“Policy Exchange is doing wonderful work on trying to rethink capitalism in the light of growing concentrations of wealth, and social policy in the light of growing public alienation.”
In a Q and A after her speech in Belfast on how Brexit will affect Northern Ireland, the Prime Minister was asked about Lord Bew’s recent Policy Exchange paper, The Backstop Paralysis: A Way Out. Specifically, did she agree with his assessment that the UK Government has not challenged the Irish Government’s narrative on the Good Friday Agreement being under threat.
“Beauty may have been neglected for years, but now decision-makers are moving in the right direction,” says Clare Foges in The Times. She praises Building Beautiful as “a superb collection of essays published… by the think tank Policy Exchange” and mentions contributions from the celebrated Syrian architect and author Marwa Al-Sabouni and Sir Terry Farrell, whose essay (and Times column) argued for a new generation of mansion blocks.