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Miles Ahead: Road pricing as a fairer form of motoring taxation

As we transition towards electric vehicles that don’t incur fuel duty, the Treasury faces a revenue loss of £30bn each year. Given the unpopularity of fuel duty, this report explores the case for introducing a nationwide road pricing system in the UK – setting out a model that is fairer than fuel duty, replaces lost tax revenue, and reduces the burden on low-income households.
Published: 16 May 2022
Author: Scott Corfe
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Publication

If it makes you happy… What role does subjective wellbeing play in Levelling Up?

The Government promised to make a legal commitment to increasing wellbeing and reducing disparities in it across the UK. This paper considers how subjective wellbeing fits with the rest of the levelling up strategy, especially in relation to places that are prosperous, healthy and well educated, but nevertheless have low wellbeing.
Published: 11 May 2022
Author: Aveek Bhattacharya
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Publication

Financial services and net zero: Seizing the opportunity

This briefing explores the role of financial services in decarbonising the UK economy. Looking at the exports and jobs opportunities that could arise from the UK capitalising on its comparative advantage in green financial services, the paper calls on policymakers to ensure that financial services can provide the capital needed for British industries to reach net zero.
Published: 03 May 2022
Author(s): Scott Corfe, Raúl Rosales
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Publication

High societies: International experiences of cannabis liberalisation

Across the world, approaches to cannabis regulation are changing. This report reviews evidence from jurisdictions that have liberalised cannabis, assessing how they have impacted health, crime, and economic outcomes, comparing them against the UK’s prohibition regime.
Published: 20 April 2022
Author: Jake Shepherd
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Publication

Extending credit: Understanding pawnbroking customers’ options

Around 350,000 people use pawnbroking services each year, but the industry is in decline. This report builds a picture of why pawnbroking customers' use the service, how satisfied they are with it, and, crucially, what they would do if it were to vanish from the credit market.
Published: 19 April 2022
Author: Jake Shepherd
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Publication

Fulfilling its potential? How well does the careers information, advice and guidance serve the people it is meant to support in England?

This report examines school leavers and adult learners’ experiences of careers information, advice and guidance (IAG) in England. Drawing on focus groups with school leavers, adult learners and parents, plus discussions with experts and practitioners, it presents new evidence on the way that people engage with IAG. The report makes policy recommendations in order to increase the personalisation, accountability, and accessibility of IAG.
Published: 01 April 2022
Author(s): Niamh O Regan, Aveek Bhattacharya
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Publication

The case for extending automatic pension enrolment to young workers

In this briefing, Gareth Davies MP makes the case for young workers to be automatically enroled into a workplace pension scheme. He argues that, instead of waiting until the age of 22, extending automatic enrolment 18-21-year-olds will better equip them meet the challenges of their generation.
Published: 15 March 2022
Author: Social Market Foundation
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Publication

Where next for the private rented sector?

This report seeks to understand how the private rented sector might develop in the years to come, on the basis of a nationally representative survey of 1,376 adults in rented accommodation, and modelling of possible future trajectories for the housing market. Our survey finds a clear appetite from renters for policy action – both to improve the experience of renting and to help more renters to buy.
Published: 14 March 2022
Author(s): Amy Norman, Aveek Bhattacharya
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Publication

The Case for a Statutory Gambling Levy

This paper makes the case for introducing a statutory levy on the gambling industry, to be overseen by a new independent board led by the Department of Health and Social Care. The paper surveys the current voluntary system of industry funding for harm reduction. It finds that the voluntary system is structurally flawed and has failed in its approach.
Published: 13 March 2022
Author: Dr James Noyes
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