The Changing Face of UK Defined Benefit Pensions: From Employer Promise to Insurance and Systemic Risk
Introduction The UK defined benefit (DB) pension system is undergoing one of the most significant transformations in its history. For much of the last two decades, the dominant narrative was one of pension deficits, rising costs for employers and concern about whether...
The Paradox of Brexit – How leaving the EU changed Britain’s ability to control its borders
Introduction Brexit was, above all, about taking back control, particularly control of Britain’s laws, borders and immigration. Yet one of the most striking developments since Brexit has been the growth of small-boat crossings across the English Channel and...
Britain’s Past, Britain’s Present: How Nostalgia Has Held the UK Back
Introduction Britain has a remarkable history. It was the birthplace of the Industrial Revolution, built one of the world’s most influential trading and financial centres, developed institutions that have been copied around the world and exercised an...
How Could the UK Really Reduce Its National Debt?
Introduction The UK’s national debt has become one of the most difficult economic challenges facing the country. It is a problem that has accumulated over decades rather than being created by any one government, and it has become increasingly complicated by an...
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