A new report prepared by the Centre for Progressive Capitalism for Built Environment Forum estimates the returns from land value capture for the Edinburgh City Region over a 20-year period.
A new report prepared by the Centre for Progressive Capitalism for Built Environment Forum Scotland (BEFS), following an event on housing policy reform in Scotland earlier this year, estimates the returns from land value capture for the Edinburgh City Region over a 20-year period.
Continue reading “Edinburgh could benefit from £8.6 bn in additional funds by capturing land value”
The Centre responds to the government’s recent green paper, ‘Building our Industrial Strategy’
The government recently published its industrial strategy green paper, outlining its vision for ‘a stronger, fairer Britain that works for everyone’. The Centre for Progressive Capitalism welcomes the government’s ambition to improve living standards and economic growth displayed in the paper.
Continue reading “Response to the Industrial Strategy Green Paper”
In 2016 a National Audit Office report identified that the actual rate of public land sales was significantly lower than the £1bn per annum assumed by the government. As a result of this difference, the Centre for Progressive Capitalism has updated its analysis on the potential incremental uplift from land value capture for residential housing.
In 2016 a National Audit Office report identified that the actual rate of public land sales was significantly lower than the £1bn per annum assumed by the government. As a result of this difference, the Centre for Progressive Capitalism has updated its analysis on the potential incremental uplift from land value capture for residential housing. The significantly lower figure of public land sales means that the potential incremental uplift for infrastructure investment is now £185bn over the next 20 years, £13bn more than our initial estimate of £172bn.
Continue reading “Estimating land value capture for England – updated analysis”
The Centre responds to a number of policy announcements made by the Chancellor Philip Hammond in the 2017 Budget.
The story of Britain’s post 1945 economy has largely been one of governments trying to work out why productivity across the UK has been so much lower than in other advanced economies. So it shouldn’t be surprising that when the Chancellor of the Exchequer stepped up to deliver his last spring budget, productivity was mentioned 10 times in the speech.
When Theresa May spoke to the CBI last month she urged businesses to invest in Britain for the long term. The challenge for business is that in an uncertain environment firms often prefer not to invest, as they could make poor investments and therefore hurt performance. The Prime Minister might have a point though as businesses in the UK have tended to underinvest during more positive conditions too
When Theresa May spoke to the CBI last month she urged businesses to invest in Britain for the long term. The challenge for business is that in an uncertain environment firms often prefer not to invest, as they could make poor investments and therefore hurt performance. The Prime Minister might have a point though as businesses in the UK have tended to underinvest during more positive conditions too.
Continue reading “Why share buybacks imply executive managers have run out of ideas”
The Chancellor mentioned the word productivity 14 times during the Autumn Statement and for good reason. The UK lags the US and Germany by 30 %, and France by 20% resulting in lower average incomes. Three of the key drivers of productivity include the ability of workers to access education to improve human capital, the ability to access finance allowing firms to expand, and for there to be sufficient infrastructure for firms and workers including housing
The Chancellor mentioned the word productivity 14 times during the Autumn Statement and for good reason. The UK lags the US and Germany by 30 %, and France by 20% resulting in lower average incomes. Three of the key drivers of productivity include the ability of workers to access education to improve human capital, the ability to access finance allowing firms to expand, and for there to be sufficient infrastructure for firms and workers including housing
So how did the chancellor do on these three key measures?
Continue reading “Why the Chancellor’s Autumn Statement won’t budge productivity growth”
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
Analysis ahead of the 2016 Budget
