Month: April 2007

Uncategorised

Planning against growth

20/04/2007
The planning system has repercussions that are felt far beyond the housing market. Higher land prices affect every area of life which requires land or has a factor of production which is linked to land, whether it is residential housing, industry, commerce or services. Wherever land is needed, high land prices matter.

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Time to rethink the national green belt policy

19/04/2007
What kind of country is England? If you ask the people living here, the answer you are likely to get goes something like this: England is a country on an overcrowded island with ever-further sprawling cities and a countryside that is under constant threat of becoming covered in concrete by rampant development. According to a recent survey, 54 per cent of the respondents believed that at least half of England was developed with one in ten even estimating the development degree to be above 75 per cent. The reality, however, is far away from this perception.

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A plea to the next Chancellor

15/04/2007
We, therefore, believe that any future Chancellor should learn from Mr Brown’s experience and begin his stewardship of the economy with a step that matches Gordon Brown’s courage in giving independence to the Bank of England. This is why we suggest sourcing out both the stewardship of the fiscal rules and the Treasury’s economic forecasting activities to an independent Fiscal Policy Committee (FPC), to be modelled on the MPC. In fact, we think that this is the first policy decision that Gordon Brown’s successor should make.

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