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Industrial Strategy Publications
Smart Devolution proposes that mayors should be required to set up data offices to create smarter, more productive cities. Learning the lessons from New York, the report examines how most cities could access and utilise the vast quantities of data available, to help improve public services, safety and economic growth.
Higher, Further, Faster, More calls for BIS to redirect up to £532m of the Higher Education Funding Council (HEFCE) grant to improve the quality of Further Education. Whilst acknowledging the importance of our Higher Education sector, the report points out that universities are sitting on reserves of £12.3bn at a time when 1 in 4 FE colleges could effectively go bankrupt within a year.
Big Data in the Big Apple: The lessons London can learn from New York’s data-driven approach to smart cities
Big Data in the Big Apple argues that the next Mayor of London should replicate New York’s success at using analytics by appointing a Data Tsar based in City Hall whose job would be to lead a team of analysts that collects and overlays different data sets held by each of London 33 boroughs as well as the Metropolitan Police and the London Fire Brigade.
Small Pieces Loosely Joined: How smarter use of technology and data can deliver real reform of local government
Small Pieces Loosely Joined highlights how billions of pounds of taxpayers’ money is being wasted due to the inability of local councils to share and to use technology and data in the most cost effective way. It sets out how councils can save money by making better use of data through sharing and fraud prevention and by replacing bespoke IT systems with an ‘app store’.
Silicon Cities: Supporting the development of tech clusters outside London and the South East of England
The technology revolution is failing to reach all parts of Britain. Silicon Cities argues that ‘clusters’ – geographic concentrations of interconnected companies and institutions in a particular field – are the most effective way of boosting the technology sector across the country, and makes a number of recommendations as to how this can be achieved.
Politicians and policymakers must put technology front and centre of their thinking for the 2015 general election. This manifesto sets out three principal goals: to build the world’s most connected and digitally skilled society; to make Britain the most attractive place outside of Silicon Valley for technology entrepreneurs to start and grow a business; and to make our government the smartest in the world.
Board Rules: Improving corporate governance, reveals that the solutions proposed and enacted by the government to drive up the standards of corporate governance among UK companies amount to little more than, “a damp squib”. The report recommends that investor representatives should be appointed to board nomination committees and that CEOs should be banned from such bodies.
11 million people are at risk of entering ‘pensioner poverty’ when they retire. With the average pension pot standing at £36,800 a person will need to save six and a half times more to reach the £240,000 required to generate the government’s recommended retirement income of £16,200. Help to Save calls for government to make it obligatory for people to save for their retirement by removing the opt-out in the existing auto-enrolment scheme while also increasing individual contributions to pensions as their incomes rise over time.
This report argues that a rigid ringfence around UK banking activities risks creating a swathe of unintended consequences including further closures of high street branches and even the end of ‘free’ banking. However, due to the amount of political capital already expended on legislation, ringfencing legislation is unlikely to be abandoned, so the report sets out a number of recommendations to ensure that UK banks remain competitive and are in a position to be able to lend to businesses and consumers.
A new Policy Exchange report, The Fog of Law, co-authored by Tom Tugendhat and Laura Croft, shows how the application of civilian norms to military conduct has led to a surge in legal claims against the Ministry of Defence (MOD). The costs of litigation have now risen out of proportion with forecasts, with the number of claims brought against the MOD totalling 5,827 in 2012-2013.