'We've been running public finances since the financial crisis on the basis that something will turn up, that productivity growth will snap back, that living standards will rise again. We're slowly accepting that's not going to happen.'.@rcolvile reacts to today's OBR report ⬇️

RT @DrGerardLyons: My @Telegraph piece on why a wealth tax would be economically damaging, administratively burdensome and ultimately count….

RT @rcolvile: The @OBR_UK's new fiscal risks report, published today, is the most polite, spreadsheet-filled horror story you will ever rea….

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The ECHR debate isn't going away. Join us in discussion with former Cabinet Minister Lord Lilley as he breaks down his new report on Britain's options - from meaningful reform to complete withdrawal. Link below🔗

RT @rcolvile: Fascinating data from Neil. Reinforces all the arguments made by him, @RobertJenrick & @MalvernianKarl in their landmark @CPS….

RT @CPSThinkTank: 🏘️Why is Britain's housing crisis so much worse than Europe's? We're 6.5 million homes short and the gap keeps growing.….

RT @jcdinnage: It’s a grotesque national stain that we’re being out-built by the French - great piece by @Ben_A_Hopkinson on the internatio….

RT @Sam_Dumitriu: Every year for the last 40 years, France has built more homes per person than England. If England built at French levels….

RT @Ben_A_Hopkinson: The UK is short 6.5 million homes compared to similar European countries. That’s more homes than Wales, Scotland and N….

🏘️Why is Britain's housing crisis so much worse than Europe's? We're 6.5 million homes short and the gap keeps growing. Listen to our new Head of Housing and Infrastructure @Ben_A_Hopkinson explain how we got here and what it'll take to fix it.

RT @DrGerardLyons: My piece in @Telegraph. The last 12 months have been turbulent for the world economy and difficult for the UK. But inste….

UK critics worry about moral hazard, but these deals are time-limited. You're buying time to decarbonise properly - the difference between getting the right infrastructure at the right price vs being forced down a sub-optimal route. The UK shouldn't let ideology drive more.

Despite the Climate Change Act 2008 explicitly allowing the UK to buy international credits, we're pursuing ‘total abstinence’. Meanwhile, we're simultaneously working to "build trust in carbon credit trading" globally, just not for use towards our own targets.

Carbon credits got a bad reputation after the Kyoto Protocol markets crashed in 2012 amid dodgy projects. But new international rules agreed at COP29 have higher standards. Countries can now achieve the same emissions reductions for £14-30/tonne abroad vs €70+ at home.

Carbon credits let countries pay for emissions reductions abroad instead of (or alongside) cutting them at home. A tonne of CO2 avoided is a tonne avoided - whether it's in Manchester or Mumbai. But we only count domestic reductions toward our climate targets.

Why is the UK rejecting a cheaper path to net zero that Germany just quietly adopted? While they embrace international carbon credits to cut decarbonisation costs, Labour says 'nein'. Our Head of Energy Dillon Smith, explains 🧵.

RT @rcolvile: I think an incapacity bill that’s set to increase by £30bn is a pretty good justification. The real issue is that this packag….

RT @Ben_A_Hopkinson: Britain used to explicitly link housing & infra; the Met railway would buy up land, run a railway there, and then sell….

Watch below as our External Affairs Director @emmamrevell breaks down why the Government's £4-5bn welfare savings won't cut it when we're facing a £30bn increase by 2030. Our economy simply can't sustain this trajectory. ⬇️