The UK introduced its first nationwide programme of sickness benefits in 1948. It initially cost around £2 billion per year in today’s prices. The UK now spends over £37 billion annually on various disability-related benefits, a figure which is still rising. More than 5 million people are in...

Whatever trade arrangement the UK decides to adopt with the EU post-Brexit, the UK government will have authority over fisheries policy. Under the EU’s Common Fisheries Policy (CFP), after many years of stock decline, there has been a recent stabilisation and even increase in stocks. However,...

When applied to investments in company shares, capital gains tax is a double tax because it taxes anticipated profits and retained profits that are taxed elsewhere in the system. It should therefore be abolished. Where investments are designed to hide income as capital gains, income tax should...