The Other Global Crisis: Policy Exchange webinar

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 

China policy after coronavirus: Policy Exchange webinar

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 Bidenand 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.

The UK Economy and Coronavirus Crisis Webinar

‘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.

The event was covered by The Times, The Daily Telegraph, The Daily Mail, The Guardian and ITV News among other outlets.

Policy Exchange’s universities research on front page of The Times

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 return of onshore wind

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 UKwhich 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.

Open Europe joins Policy Exchange

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.

Policy Exchange is ‘pre-eminent think tank in Westminster,’ says Iain Dale

“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 hosts US Secretary of State and Foreign Secretary

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

Modernising the UK

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.

Rt Hon Michael Gove MP

Manifesto wins

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 policy implications of the NHS’s covid-19 contact tracing app

Digital contact tracing looks set to dominate the political agenda for the coming weeks, if not months. Without a vaccine, and in the absence of widespread population immunity, the only methods to stop the transmission of SARS-CoV-2 are those of standard epidemic control such as case isolation, physical distancing, contact tracing and increasing hygiene measures.

Dean Godson: How the Conservatives divide on policy towards China

Dean Godson, the Director of Policy Exchange, wrote for Conservative Home about how the Conservative Party is divided on policy towards China in the midst of the coronavirus crisis. “Nearly everyone now has an opinion on China because of Covid19,” he says. “One measurement of the salience of an issue is the proliferation of party caucuses – such as the Huawei WhatsApp Group and the China Research Group. There is also talk of an alternative to the China APPG, seen by some as insufficiently challenging to the PRC.” Read the article here.

Daylight Robbery

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Research by Policy Exchange finds that fraud and error during the COVID-19 crisis will cost the UK Government in the region of £4.6 billion. The lower bound for the cost of fraud in this crisis is £1.3 billion and the upper bound is £7.9 billion, in light of total projected expenditure of £154.3 billion by the Government (excluding additional expenditure announced in the 8th July 2020 Economic Update). The true value may be closer to the upper bound, due to the higher than usual levels of fraud that normally accompany disaster management.

Daylight Robbery

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Research by Policy Exchange finds that fraud and error during the COVID-19 crisis will cost the UK Government in the region of £4.6 billion. The lower bound for the cost of fraud in this crisis is £1.3 billion and the upper bound is £7.9 billion, in light of total projected expenditure of £154.3 billion by the Government (excluding additional expenditure announced in the 8th July 2020 Economic Update). The true value may be closer to the upper bound, due to the higher than usual levels of fraud that normally accompany disaster management.

Daylight Robbery

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Research by Policy Exchange finds that fraud and error during the COVID-19 crisis will cost the UK Government in the region of £4.6 billion. The lower bound for the cost of fraud in this crisis is £1.3 billion and the upper bound is £7.9 billion, in light of total projected expenditure of £154.3 billion by the Government (excluding additional expenditure announced in the 8th July 2020 Economic Update). The true value may be closer to the upper bound, due to the higher than usual levels of fraud that normally accompany disaster management.

Daylight Robbery

, and

Research by Policy Exchange finds that fraud and error during the COVID-19 crisis will cost the UK Government in the region of £4.6 billion. The lower bound for the cost of fraud in this crisis is £1.3 billion and the upper bound is £7.9 billion, in light of total projected expenditure of £154.3 billion by the Government (excluding additional expenditure announced in the 8th July 2020 Economic Update). The true value may be closer to the upper bound, due to the higher than usual levels of fraud that normally accompany disaster management.

Daylight Robbery

, and

Research by Policy Exchange finds that fraud and error during the COVID-19 crisis will cost the UK Government in the region of £4.6 billion. The lower bound for the cost of fraud in this crisis is £1.3 billion and the upper bound is £7.9 billion, in light of total projected expenditure of £154.3 billion by the Government (excluding additional expenditure announced in the 8th July 2020 Economic Update). The true value may be closer to the upper bound, due to the higher than usual levels of fraud that normally accompany disaster management.

Daylight Robbery

, and

Research by Policy Exchange finds that fraud and error during the COVID-19 crisis will cost the UK Government in the region of £4.6 billion. The lower bound for the cost of fraud in this crisis is £1.3 billion and the upper bound is £7.9 billion, in light of total projected expenditure of £154.3 billion by the Government (excluding additional expenditure announced in the 8th July 2020 Economic Update). The true value may be closer to the upper bound, due to the higher than usual levels of fraud that normally accompany disaster management.

Daylight Robbery

, and

Research by Policy Exchange finds that fraud and error during the COVID-19 crisis will cost the UK Government in the region of £4.6 billion. The lower bound for the cost of fraud in this crisis is £1.3 billion and the upper bound is £7.9 billion, in light of total projected expenditure of £154.3 billion by the Government (excluding additional expenditure announced in the 8th July 2020 Economic Update). The true value may be closer to the upper bound, due to the higher than usual levels of fraud that normally accompany disaster management.

Daylight Robbery

, and

Research by Policy Exchange finds that fraud and error during the COVID-19 crisis will cost the UK Government in the region of £4.6 billion. The lower bound for the cost of fraud in this crisis is £1.3 billion and the upper bound is £7.9 billion, in light of total projected expenditure of £154.3 billion by the Government (excluding additional expenditure announced in the 8th July 2020 Economic Update). The true value may be closer to the upper bound, due to the higher than usual levels of fraud that normally accompany disaster management.

Daylight Robbery

, and

Research by Policy Exchange finds that fraud and error during the COVID-19 crisis will cost the UK Government in the region of £4.6 billion. The lower bound for the cost of fraud in this crisis is £1.3 billion and the upper bound is £7.9 billion, in light of total projected expenditure of £154.3 billion by the Government (excluding additional expenditure announced in the 8th July 2020 Economic Update). The true value may be closer to the upper bound, due to the higher than usual levels of fraud that normally accompany disaster management.

Why the Government should spend more on capital

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This paper argues that the Government should spend more on capital investment. The case was already strong before the Covid-19 crisis and has been strengthened since, as its financing has become more affordable. The paper highlights the importance of taking advantage of the present macro-economic environment afforded by low borrowing costs to provide stable – and sizeable – funding for new infrastructure through an increase in capital spending by the public sector. Additional capital spending, in excess of the fiscal rules, would be sustainable and affordable

A pro-growth economic strategy

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The UK is enduring a health and economic crisis. Despite near-term uncertainties, we believe that a new macro-economic framework can help the UK achieve stronger future growth.

A new macro-economic policy framework is needed, as outlined here, based on the three arrows: of credible fiscal activism; monetary and financial stability based on a new remit for the Bank of England; and a supply-side agenda.

Low borrowing costs create a likely lengthy window of opportunity to emerge from this crisis without being panicked into policy measures such as austerity, but it is possible that inflation and yields could rise, so it is not a risk-free option. Success depends upon a clear and credible policy approach.

Call for evidence: Building hospitals in the post-Covid era

In the context of the government’s plans to build 40 new hospitals, Policy Exchange is launching a call for evidence to inform a major piece of research into how we should build the next generation of hospitals. Drawing upon the experiences of the NHS in responding to Covid-19, we will explore whether the Government’s new building programme could potentially mark the most comprehensive reform of hospital building in England since the 1960s.

Academic freedom in the UK

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Britain’s universities are world-leading. Yet there is growing concern that academic freedom in these institutions is being undermined in a way that departs from the liberal traditions and democratic norms of British society. This paper uses one of the largest representative samples of UK- based academics carried out in recent years to explore the concern that strongly-held political attitudes are restricting the freedom of those who disagree to research and teach on contested subjects. The report sets out what might be done, in the form of legislation—specifically an Academic Freedom Bill—and other measures to ensure that a) universities support intellectual dissent, which drives progress and innovation and b) all lawful speech is protected on campus.

What the UK-Japan trade deal signifies

The Department for International Trade (DIT) has announced that the UK has concluded a historic new free trade agreement with Japan, the UK’s first major trade deal post-Brexit. The agreement is an important step towards the UK’s ambition to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Poll finds public support for traditional hospital design

New public polling commissioned by Public Exchange has found a preference for traditional hospital design that favours natural light and private rooms.  This work in hospital design is part of a bigger project looking at the future of the hospital in Britain in the post COVID era, which will evaluate how new hospital building can better meet the needs of the NHS in the 21st century.

Building a better healthcare system

The COVID-19 pandemic has provoked fundamental questions about our health and social care system.  Is the current NHS accountability structure the right one for responding to global pandemics? What is the most effective way of protecting and funding those requiring social care? How can we lock in the technological gains from the pandemic?  And how should we build hospitals that better serve the needs of the UK population in the 21st century?

BBC consultation launched in Policy Exchange speech

The Government is launching an eight-week consultation on decriminalising BBC licence fee evasion, said the Rt Hon Baroness Nicky Morgan, Secretary of State for Digital, Culture, Media and Sport, in a speech at Policy Exchange on the Future of Media and Broadcasting. Watch her speech here.

DARPA and the American Approach

Policy Exchange’s Visiting Scholar, Dr William Schneider Jr, delivered a keynote speech on “Delivering National Scientific & Technological Advantage: DARPA and the American Approach”. As a former Chairman of the US Defense Science Board, Dr Schneider is a leading authority on strategic innovation and tech R&D. His wide-ranging speech addressed issues including the evolution of national defence technologies, space security and how to help create high-tech innovation. You can watch a video of the event here and read his paper here.


  • Friday, 10 July, 2020
    10:00 - 11:00

with Jens Spahn, German Federal Minister for Health in conversation with Rt Hon Jeremy Hunt MP, former Secretary of State for Health and former Foreign Secretary, chaired by Dean Godson, Director of Policy Exchange


  • Friday, 3 July, 2020
    13:30 - 14:30

with Rt Hon Liz Truss MP, Secretary of State for International Trade, Hon Tony Abbott AC, 28th Prime Minister of Australia, Rt Hon Stephen J. Harper, 22nd Prime Minister of Canada, Rt Hon Lord Mandelson, former First Secretary of State and former European Commissioner for Trade, Hon Chan Chun Sing, Minister for Trade and Industry of Singapore. Chaired by Juliet Samuel, Senior Fellow at Policy Exchange and Telegraph Columnist

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