Britain’s tax laws are biased in favour of the self-employed and should be reformed to enable greater investment in people instead of buildings and machines, the LSE Growth Commission has said. This was one of the findings of a report released by the commission today on how the UK can achieve inclusive and sustainable growth after Brexit. In the study, authors identify four key priority areas: jobs and skills, industrial strategy, economic openness, and finance and growth. The commission consists of senior figures from business, politics and academia and was formed in 2013 to provide authoritative and evidence-based policy recommendations. UK Growth: A New Chapter was based on the input of senior policymakers, business people and academics, including two former chancellors, George Osborne and Alastair Darling.
'UK Growth: A New Chapter', LSE Growth Commission Report, February 2017.
The U.K. government must ensure British financial-services companies don’t lose their ease of access to the European Union after Brexit as a “matter of urgency,” according to a report backed by high-profile British economists including former Bank of England Deputy Governor Charlie Bean. The study, compiled by the London School of Economics with input from business leaders, ex-policy makers and academics, says the U.K. needs to retain near-equivalent European Union passporting rights and warned that alternatives are “costly and time-consuming.” It sets out a list of recommendations for Prime Minister Theresa May’s administration to bolster growth, including prioritizing free-trade deals with the U.S. and EU. It also encourages the government to boost skills, develop an industrial strategy, and increase competition in finance.
'UK Growth: A New Chapter', LSE Growth Commission Report, February 2017
Snippet: ... Due today: latest migration figures from the ONS, and a report on the economy from the LSE Growth Commission.
When ‘welfare’ is discussed, the theme of a divided ‘them’ and ‘us’ of those who pay in, and those who pay out – runs across British political debate, a hundred tabloid front pages and through a dozen TV programmes focussed on an assumed unchanging ‘welfare-dependent’ underclass. But the evidence looks rather different, for example only one pound in every £14.70 we spend on the welfare state now goes on cash payments to out of work non-pensioners. In reality our lives are ever-changing. John Hills discusses this 'welfare myth' in a post for the LSE British Politics and Policy blog to mark the release of a revised and updated edition of his book Good Times, Bad Times: the welfare myth of them and us.
Presenters: Dr Abigail McKnight and Dr Eleni Karagiannaki
Chair: Steve Machin, Professor of Economics, London School of Economics; Director, Centre for Economic Performance
Discussants: Chris Goulden, Joseph Rowntree Foundation, Deputy Director, Policy and Research and Dr Chiara Mariotti, Oxfam Inequality Policy Manager
This lecture examines the empirical relationship between economic inequality and poverty across countries and over time, paying attention to different measurement issues. It then considers a range of potential mechanisms driving this relationship and explores policy options.
Eleni Karagiannaki is a Research Fellow at the Centre for Analysis of Social Exclusion at LSE. Her research focuses on income and wealth inequality and poverty and socio-economic mobility.
Abigail McKnight is an Associate Professorial Research Fellow and Associate Director of Centre for Analysis of Social Exclusion at LSE where she has worked since 1999. Her research interests include inequality, poverty, wealth, social mobility and employment policy.
It is with great sadness that we announce Professor Sir Tony Atkinson, Centennial Professor at LSE, died on Sunday 1 January 2017.
Tony Atkinson joined STICERD in 1980 where he was chairman between 1981 and 1987 and an active affiliate for the following thirty years. Throughout these years, many CASE researchers and associates had the privilege to learn from his sharp mind, dedication to policy and great kindness. Tony influenced our thinking on poverty, inequality, social mobility and public policy. By establishing the Welfare State programme in 1985 Tony played an important role in the foundation of CASE as an independent research centre in 1997. He also appointed Professor John Hills who would later go on to become CASE’s Director.
contributed 31 valuable papers to our publications over the years, as part of the Welfare
State Programme and later as CASEpapers,
these are available here.