Cable and submarine

Chief of Defence Staff echoes Policy Exchange warning on undersea cables

The Chief of the UK Defence Staff, Air Chief Marshal Sir Stuart Peach, has echoed Policy Exchange’s warnings about potential threats to the undersea communications cables that are vital to the internet and international commerce in the annual Chief of Defence Staff Lecture at the Royal United Services Institute. Sir Stuart’s comments come less than two weeks after the publication of our report Undersea Cables: Indispensable, insecure, which highlights that 97% of global communications and $10 trillion in daily financial transactions are transmitted by cables – but that those cables are highly vulnerable to attack from hostile states or terrorists.

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New Anglo-American project launched with high-level conference in Washington

Policy Exchange launched our new Anglo-American project with a high level conference in Washington to debate US-UK Relations in a Changing World. Both the US National Security Adviser Lt Gen HR McMaster and the National Security Adviser to the British Prime Minister, Mark Sedwill CMG, spoke at the event – the first time the two holders of these positions have appeared together in public. The event attracted widespread media coverage including from Bloomberg, Newsweek, ABC News, Voice of America, Washington Times, The National, Mail Online and the New York Times.

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Niall Ferguson

Niall Ferguson compares balance of power to Congress of Vienna at Policy Exchange’s Anglo-American conference

Professor Niall Ferguson, who spoke at the launch of Policy Exchange’s new Anglo-American project, argued that the best historical analogy for the current balance of powers is with the pentarchy of five great powers that dominated European (and hence world) affairs for a century after the Congress of Vienna of 1814-15. A modern pentarchy was created in the form of the permanent members of the UN Security Council. Professor argues that “Whether or not these five great powers can make common cause once again is the great geopolitical question of our time.”

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Money

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.

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Lady Justice

Human Rights and Political Wrongs: A new approach to Human Rights law

In a major new study for Policy Exchange, Sir Noel Malcolm, leading historian of ideas and Senior Adviser on Human Rights to Policy Exchange, argues that democracy is being eroded by an ever-expanding system of human rights law and condemns the encroachment of the European Court of Human Rights on democratically-elected parliaments. Sir Noel reaches the conclusion that the best way to protect human rights and align this protection with democratically accountable government is for the UK to leave the jurisdiction of the Court. He appeared on the Today programme to debate the issue with Helena Kennedy.

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UK Strategy in Asia: some starting principles

Following the Prime Minister’s visit to Japan last week, Policy Exchange’s Britain in the World Project publish a report by unit head John Bew and David Martin Jones, Visiting Fellow at Policy Exchange. They advise that Asia is of growing strategic importance to the UK’s long-term prosperity but this is likely to mean more involvement in the region’s security problems. The first principle of UK involvement in Asia must be to bolster existing alliances and to preserve the existing international order, but it must be understood that this is likely to cause tension when it comes to relations with China.

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Farming Tomorrow

This major new Policy Exchange report sets out the once in a generation opportunity that Brexit offers our nation to reform its agricultural and environmental policy. Since 1973, UK farm and food policies have conformed to the rules and objectives of the Common Agricultural Policy (CAP) — the EU’s principal policy programme. Doing so has, at great expense, reduced Britain’s agricultural productivity by lessening competition and supporting inefficient farmers. It has also increased costs for consumers. This report outlines opportunities to improve policy by focusing on four main interest groups: consumers, producers, the wider rural economy, and the environment. This report offers timely and comprehensive analysis and answers to some of the most pressing policy questions of our day.

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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”.

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Money alone will not fix the housing market

Ahead of the Budget, Policy Exchange’s Head of Housing and Urban Regeneration Susan Emmett wrote for Huffington Post about how “Money alone will not fix the housing market”. She says “Local backing for developments is more likely if they have regard to the aesthetics and impact on local infrastructure” and calls for “consistent direction, not only from Whitehall but also from all levels of government up and down the country”.

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The Chancellor should refuse new funding for schools

The Chancellor should not give in to the temptation to “give what amounts to protection money to the union lobby” and increase school funding in next week’s Budget, argues Policy Exchange’s Head of Education and Social Reform John Blake in the Times. “We can have world-leading schools without breaking the bank, but not if our school system believes there will always be more money whatever happens.”

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Latest News

Policy Exchange holds inaugural event of new Housing and Urban Regeneration Unit — ‘The New Politics of Housing’

Policy Exchange held the inaugural event of its new Housing and Urban Regeneration Unit — ‘The New Politics of Housing’. The focus was on what needs to change now given the unexpected election result and the tragedy at Grenfell Tower. We were joined by former No 10 Head of Policy John Godfrey, Spectator Editor Fraser Nelson, former DCLG housing leader Terrie Alafat and developer Philip Barnes and the event was chaired by Richard Blakeway, Policy Exchange’s Chief Housing Adviser and former Deputy Mayor of London for housing.

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Policy Exchange lawfare work ‘the UK equivalent of Broken Windows’

In a profile of Tom Tugendhat MP, the new Chairman of the Foreign Affairs Select Committee, for ConservativeHome, columnist Andrew Gimson pays tribute to his work for Policy Exchange on ‘lawfare’ — describing The Fog of Law and its successor Clearing the Fog of Law as “the UK equivalent of the Manhattan Institute’s “Broken Windows” moment”. It drastically changed the terms of the debate and led to decisive action to deal with the problem.

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