With the social care system struggling to meet demand, which is only increasing thanks to demographic pressures, a long term policy response is required. Greater incentives will be required to promote private financial products in a market with many significant demand and supply side barriers. The coalition government made some... Read more...
Rousseau’s Social Contract may have seen man as being everywhere in chains, but many of the state’s contracts with private companies leave taxpayers’ money chained into poor deals. In light of this, the NAO has today released their investigation into HMRC’s failed contract with Concentrix, a private company it hired... Read more...
In 15th December last year, the government announced that councils would be allowed to raise the social care precept by more than 2 percent, in response to claims of a crisis in social care funding. But the Times reported this week that the precept increase may bring in £500 million... Read more...
The public consultation on the introduction of section 40 of the Crime and Courts Act closes on 10th January. Writers far greater than me have been putting the case forward for a truly free press and the dangers of fettering it in platforms as wide-ranging as the Mirror and the... Read more...
Rail fares increased this morning, prompting outrage from unions. The average fare will increase by 2.3 per cent with regulated fares, which include season tickets, increasing by 1.9 per cent. A report from “Action for Rail”, a union backed campaign, claims that UK commuters pay up to six times more... Read more...
From our Thunderer in The Times (Thursday 22 December) - our Chief Executive John O'Connell on the need for Whitehall to spend more wisely on consultants: A report this year from the National Audit Office said that government departments spent up to £1.3 billion of taxpayers’ money on consultants in... Read more...
The TPA has long criticised aspects of foreign aid spending and particularly the commitment to spend 0.7 per cent of GNI. However for the countless words that are written about this absurd policy nothing demonstrates its poor value for money like a few revealing statistics. Fortunately, that is what has... Read more...
Now that we have had some time to drill down into some of the finer points of Philip Hammond’s first public event as Chancellor, we have some thoughts on the more positive aspects of the last ever Autumn Statement: Our research director, Alex Wild, called for an end to the... Read more...
A Sky News poll has found that 43 per cent of Britons support “ending austerity and increasing spending” with 24 per cent opposed. After six years of relentless talk from the government about “tough choices”, some weariness is understandable. Unfortunately however, George Osborne’s words were far tougher than his actions.... Read more...
The Chancellor will deliver the Autumn Statement this week. Mr Hammond should use the opportunity to root out waste and introduce tax reform which the nation badly needs to put our public finances in order. He should also help secure the recovery by reducing Corporation Tax and restore honesty to... Read more...
In response to the news that the sovereign grant will temporarily increase: Harry Davis, Campaign Manager at the TaxPayers' Alliance: "These are clearly huge sums of money and the public are right to cast a sceptical eye when the public finances are still in such a dire state. Large renovation... Read more...
A copy of our letter to the Telegraph, published on 17 November 2016. Calls to slash stamp duty are welcome, but making sellers rather than buyers liable – as proposed by Pete Redfern, chief executive of the housebuilder Taylor Wimpey – would be nothing short of fiscal chicanery. The one... Read more...