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Centre for Policy Studies

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@CPSThinkTank

Leading British think tank, promoting enterprise, ownership & opportunity. Sign up to our newsletter đź”— cps.org.uk/signup/
London, UK cps.org.uk Joined May 2009
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Centre for Policy Studies Verified account @CPSThinkTank
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.
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Centre for Policy Studies Verified account @CPSThinkTank
Did you know government-imposed costs are responsible for more than half the price of a new build London flat?

Really important new report from @Ben_A_Hopkinson and Edward Donov👇
Ben Hopkinson Verified account @Ben_A_Hopkinson 10h
Government imposed policy costs make up 57% of the clearing price of a new flat in London and 42% of a new home in the Home Counties.

Despite a big housing shortage and positive planning reforms, new home starts in England are declining from 182,000 in 2022 to under 125,000 last year.

While the macroeconomic context has worsened with build cost inflation and high interest rates, the Government is imposing more burdens on new homes, not fewer.

Taxes, levies, planning, and mandates add over ÂŁ440,000 to the cost of delivering a home in London and nearly ÂŁ225,000 nearby, with several of these imposed recently like the Second Staircase, Future Homes Standard, Building Safety Levy, Biodiversity Net Gain and Residential Property Developer Tax.

Individually these may be justified, but together they are making new homes unviable.

As a result, large developers are buying less land and small builders are going out of business; nearly 4,000 construction firms went bust just last year.

If we want to build more homes, we should be easing the burdens on them, not adding more.

Making housebuilding viable again is the most important issue in housing policy and my co-author, Edward Donovan, has completed excellent modelling showing how big the challenge is.

Read the full report: cps.org.uk/wp-content/upl…

And simulate what changing the policies does with Edward's modelling here: easing-the-burdens.cps.org.uk
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Centre for Policy Studies Verified account @CPSThinkTank
'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/2026/11/05/dan…
conservativehome.com Daniel Herring: Raising the minimum wage looks good for employees, the problem is it makes jobs... There is a strong argument that the minimum wage should be frozen for a parliamentary term, or until it reaches some reasonable proportion of median wages. This provides breathing space for busines...
Centre for Policy Studies Verified account @CPSThinkTank 6d
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-c…
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