Writing in European magazine E!Sharp, Thomas Aubrey cites research showing falling levels of trust in business across Europe
Writing in European magazine E!Sharp, our director Thomas Aubrey cites research showing that the gap in trust in business between the elites or “informed public” – defined as those with a college education and a top quartile income – and the rest of the mass population has been widening over the last few years.
Continue reading “Improving trust in business across Europe”
Central banks’ drive to stabilise inflation in an increasingly globalised world has distorted the distribution of income
Writing in City AM, Vince Cable, Andrew Cooper and Stephen Kinnock call for more action to restore trust in capitalism
Writing in City AM, three of the members of the Centre for Progressive Capitalism’s cross-party advisory board call for more action to restore trust in capitalism. Continue reading “Restoring trust in capitalism means moving beyond ideology”
Our exclusive survey finds that the public think the UK’s economic system is stacked in favour of the wealthy
Our exclusive survey finds that the public think the UK’s economic system is stacked in favour of the wealthy
To mark the launch of the Centre for Progressive Capitalism, we recently commissioned Populus to survey the public on their views on the UK’s economic system. Populus surveyed 2,053 respondents online between 24th and 28th March 2016. The findings provide a stark illustration of the lack of trust in the economic system and in both government and business, as well as people’s fears about the future for young people.
Continue reading “New survey reveals the lack of trust in our economic system”
Our response and analysis of the 2016 Budget
Writing in City AM, Alastair Reed argues that the chancellor is right to back Crossrail 2, but he should not fund it
Writing in City AM, senior policy researcher, Alastair Reed, argues that the chancellor is right to back Crossrail 2, but he should not fund it. Instead, in the 2016 Budget he should announce bold reform to the business rates system, and then let councils keep all these revenues as promised. This would provide the local tax base for London to fund Crossrail 2. It would also enable other parts of the country to fund their major infrastructure priorities.
Continue reading “George Osborne is right to back Crossrail 2 – but London should pay for it”
Analysis ahead of the 2016 Budget
Why we need a more democratic capitalism
Why we need a more democratic capitalism
The growing inequality of trust in business reflects an increasingly pervasive view that large sections of society are no longer benefiting from our current economic system. If this chasm of trust is to be bridged, business and government need to create a far more democratic and inclusive economy. The failure to tackle this problem is likely to result an increase in the politics of fear which could ultimately undermine both our individual liberty and also our long-term prosperity.
Stop blaming the planning system for everything
Stop blaming the planning system for everything. Improving the efficiency of the land market will have a far greater effect in driving up the rate of house building than further planning reforms
The government reckons that its housing and planning bill – with the additional measures announced in the autumn statement – will lead to the construction of an extra million homes by the end of this parliament. That means increasing the rate of completions from the 2014 level of 118,000 to well over 200,000 per year. Empirical analysis estimates that there are already over a million plots with planning permission – close to 25 per cent of these in London. And if the current rate of granting permission continues at 250,000 plots per year, this figure will have climbed to over 2 million plots by the end of the parliament. Although there remain some challenges with the planning system, the government must focus on improving the functioning of the land market to drive up construction levels. The way in which volatile and high land values interact with the business model of housebuilding reduces supply. Continue reading “Boosting Britain’s housing stock”
