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Fifty years ago, Britain was in crisis. The music was good, but the economy was a mess. We were forced to go to the International Monetary Fund for a deeply-damaging bailout.
The UK needed a new direction - that's why Margaret Thatcher and Keith Joseph founded the Centre for Policy Studies. A full half century on, our new Director, the economist and journalist @LiamHalligan, is arguing for another policy revolution now: lower taxes, cheaper energy, affordable welfare, an economy that rewards work and enterprise.
Britain’s problems are urgent – we're on the brink of another bailout. But we changed course fifty years ago - and with the right ideas, we can do so again.
The Centre for Policy Studies - where the fightback begins.
'No one should begrudge low paid workers a modest pay rise, but they are not the only ones affected. Every increase in a worker’s salary is an increase in the cost of employing that person.'
Missed our latest bit of analysis yesterday? Check out Daniel Herring's article in @ConHome
conservativehome.com/2026/11…
Why has hiring become so expensive? Businesses are being crippled by rising costs.
New CPS analysis shows the annual cost of employing a full-time minimum-wage worker will rise by £4,462 between 2024 and 2027. For 18–20-year-olds, the increase is £4,859.
Higher taxes and wage costs leave businesses with less room to hire and grow.
Read the new research by Daniel Herring, CPS Head of Fiscal and Economic Policy: cps.org.uk/research/the-cost…
Centre for Policy Studies retweeted
If we want to tackle the NEETs crisis, we’ve got to get businesses involved. Starting by reducing costs for employers so they can take a chance on that young person who doesn’t have as much experience as older hires.
Minimum wage hikes and tax increases are only making it harder for the job creators.
telegraph.co.uk/business/202…
Why has hiring become so expensive? Businesses are being crippled by rising costs.
New CPS analysis shows the annual cost of employing a full-time minimum-wage worker will rise by £4,462 between 2024 and 2027. For 18–20-year-olds, the increase is £4,859.
Higher taxes and wage costs leave businesses with less room to hire and grow.
Read the new research by Daniel Herring, CPS Head of Fiscal and Economic Policy: cps.org.uk/research/the-cost…
Centre for Policy Studies retweeted
My thoughts on:
- Early UK election or not?
- John Healey’s budget
- Tory/Reform plans to tackle welfare spending
- The UK’s “battle of ideas”
- The role of @CPSThinkTank
My latest interview - with @ChristianJMay, Editor of @CityAM
youtu.be/a5EqHM87djs?is=g0Ac…
“The debt interest bill for this year has gone up from £109bn to £124bn.”
CPS Director Liam Halligan lays bare the shocking cost of Britain’s debt
Centre for Policy Studies retweeted
“Business has had to pay the price for an ever-expanding state.”
CPS Head of Small Business and Entrepreneurship @rcolvile explains the crisis facing small businesses in Britain.
“Business has had to pay the price for an ever-expanding state.”
CPS Head of Small Business and Entrepreneurship @rcolvile explains the crisis facing small businesses in Britain.
Centre for Policy Studies retweeted
Labour’s trick to keep spending? Fiscal rules based on a rolling forecast, with targets that are highly unlikely to be met.
Daniel Herring, Head of Economic and Fiscal Policy at the CPS, reacts to the Budget on @CapX's The Capitalist podcast.
Labour’s trick to keep spending? Fiscal rules based on a rolling forecast, with targets that are highly unlikely to be met.
Daniel Herring, Head of Economic and Fiscal Policy at the CPS, reacts to the Budget on @CapX's The Capitalist podcast.
Centre for Policy Studies retweeted
What can Britain learn from Poland about backing small businesses? 🇵🇱🇬🇧
CPS Head of Small Business and Entrepreneurship @rcolvile explains why Poland’s positive attitude towards small businesses offers a lesson for the UK.
What can Britain learn from Poland about backing small businesses? 🇵🇱🇬🇧
CPS Head of Small Business and Entrepreneurship @rcolvile explains why Poland’s positive attitude towards small businesses offers a lesson for the UK.
We've been named as a finalist for @SmartThinktanks Best Convener Award 2026!
It's wonderful to be recognised for our convening power with last year's Margaret Thatcher Conference, which brought together CEOs, founders, funders and thinkers to discuss how businesses new and old will power Britain's prosperity.
"It was a great big fat NOTHING BURGER except for the little gimmicky giveaways. But even they weren't what they seemed."
Director of the @CPSThinkTank and economist @LiamHalligan gives his verdict on John Healey's first budget.
Centre for Policy Studies retweeted
It seems to me that this Labour government is now, finally, starting to understand that endless borrowing and spending will end up seriously spooking the bond markets, driving the UK off a fiscal cliff-edge.
That's why there were no big giveaways in this "big fat nothing-burger" of a budget.
But that doesn't mean the UK's isn't still extremely fiscally vulnerable ....
The OBR is now projecting borrowing of 4.2pc of GDP for 2026–27, materially higher than the 3.6pc anticipated in the March forecast.
Plus, debt interest payments in the current fiscal year are now set to reach £122 billion, up from previous £108 billion estimate – and rising to a massive £155 billion in 2027/28
I discuss Labour's 2026 Budget Statement with @TVKev on @TalkTV, having spent today going through John Healey's measures with colleagues at @CPSThinkTank and @CapX
'A dangerous continuation of Labour's tax-and-spend fantasy'
The CPS team respond to John Healey's first Budget 👇
'This felt like a peacetime Budget in a wartime world' -- Head of Small Business and Entrepreneurship @rcolvile












