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The Ever-Rising Costs of Government Borrowing
Government borrowing costs are costing taxpayers more & more. If we had a legally-binding rule as the Centre outlines in the Policy Thumbnails section of this website, we could keep the debt in check & stop things getting even worse,
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Simpler, Lower Taxes
This article is the latest in a fortnightly series of policy proposals for CapX from John Penrose and the Centre for Small State Conservatives. The slow, warm days of August are traditionally when Treasury spin doctors start floating ideas for…
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The fiscal farce that’s bankrupting Britain
American political strategist James Carville wryly observed that, rather than being reincarnated as US President or the Pope, he wanted to come back as the bond market because it can intimidate anybody. The hard truth behind his quip is the…
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Labour’s change to Ofwat doesn’t hold water
Sewage in rivers, hosepipe bans, spiralling bills, fat cat bonuses for water company bosses and floods. The water industry’s list of problems is as toxic as it gets and so, for a Government that says it wants to be judged…
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Britain’s Benefits System Is Unfair To All Involved
The Government’s screeching u-turn on reforming Personal Independence Payments has distracted attention from a more fundamental problem with Britain’s broken benefits system. Regardless of whether the right people are getting the right kinds of benefits or not, too few of…
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Britain Needs A ‘Top 5 In 5’ Industrial Strategy, Not Bets On New Tech
This article is the first in a fortnightly series of policy proposals from John Penrose and the Centre for Small State Conservatives. Nobel-Prize-Winning economist Paul Krugman famously said “productivity isn’t everything, but in the long run, it’s almost everything.” His words should send…
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We don’t need to nationalise our railways to fix them
One of the new Labour Government’s first acts was to hand a big wedge of taxpayer cash to already well-paid train drivers, along with a promise of more as rolling rail renationalisation steadily tightens its grip over the next few years.…
