The British people have spoken loud and clear by returning a hung parliament. They have rejected a hard Brexit and a drift towards nationalism. But they have also rejected a return to the neoliberalism of the 1980s and the socialism of the 1970s.
Writing for CapX, director of the Centre for Progressive Capitalism Thomas Aubrey argues that the current business rates system is not fit for a dynamic 21st century economy. The current system suffers from its inability to signal to firms the changing nature of rents through time. “The system is based on the idea of setting […]
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 morning after the UK prime minister attended her first European council meeting, advisory board member of the Centre for Progressive Capitalism, Chuka Umunna, gave a speech on the progressive way forward for Brexit