Blog

Corporation tax vs. public sector pay cap

As debate over the public sector pay cap - not only concerning whether, but how to lift it - hots up, the chancellor, Phillip Hammond, is reportedly under pressure to cancel planned corporation tax cuts from within his own party. Nobody begrudges hard-working public sector staff a well-earned pay rise... Read more...

HS2 is an ongoing nightmare

Announced in last weeks Queen's Speech was the extension of the current planned route of HS2. As part of the debate on the Queen's Speech in the House of Lords, Lord Framlington urged the government to scrap the project in the following speech. "My Lords, I make no apology for... Read more...

Is our spending on healthcare really below average?

The British Medical Association (BMA) has held its Annual Representative Meeting in Bournemouth today, where it has called for spending on the NHS to rise to match that of other leading EU economies. What sort of a rise? Its economists have produced a figure of 10.4 per cent of GDP... Read more...

Income tax burden increasingly unequal

HMRC has today published figures on income tax liabilities, showing a number of interesting patterns, the most significant of which being income tax burden distribution – that is, how big a share of the total income tax take is paid by the top and bottom earners. Naturally, a degree of... Read more...

TPA Bulletin - 19th May, 2017

        After a few weeks of campaigning, we finally know the policy platforms on which each of the major parties will stand in the upcoming general election. Both Labour and the Liberal Democrats have proposed a raft of tax hikes to 'fund' their new spending commitments. Labour's manifesto... Read more...

The so-called Robin Hood tax will hit savers, not bankers

It is incredibly naïve to think that ‘the banks’ are something which can simply be raided for resources with no effect on how they behave or consequences for the wider economy. Nowhere does this ring as true as with the financial transactions tax (FTT) which has been included in the... Read more...

The costing and funding of manifesto pledges

The tedious process of rival politicians telling each other that their spending plans are either “uncosted” or “unfunded” kicked into gear this morning. The Conservatives claimed Labour plans amount to a £45 billion “bombshell” only for Labour to hit back, saying the plans were “fully costed”. It’s a similar tactic... Read more...

A joint letter to the Telegraph - cutting fuel bills

Our Chief Executive, John O'Connell, co-signed a letter with Benny Peiser of the Global Warming Policy Foundation, Mark Littlewood of the Institute of Economic Affairs and David Green of Civitas calling for a better way to cut fuel bills. It was published in this morning's Daily Telegraph (£).   SIR... Read more...

TPA’s proposals adopted by Select Committee

The influential Public Administration and Constitutional Affairs Select Committee has today endorsed a number of our recommendations in their report on financial disclosure in the public sector. The report, entitled Accounting for Democracy, extensively cites our submission, recommending a major overhaul of the way public bodies present their accounts, in... Read more...