Politicians must stand up to militant trade unionists, including banning the right to strike for emergency workers, to truly deliver a wholesale revolution in the way public services are delivered.

Policy Exchange and the Fabian Society agree that the concentration of home ownership amongst older people risks stoking inter-generational unfairness. However, while the Fabians believe that the introduction of a property tax will lead to lower house prices, Policy Exchange says reform of the planning system to encourage developers to build more homes, including bungalows and self build homes attractive to older people looking to downsize, is the fairer way of reducing the generational divide.

At the moment there are 1.3 million workers who rely on benefits, in the form of Working Tax Credit, to top up their incomes. A new report from Policy Exchange shows that while people said they wanted to work more, they did not actually follow their words up with action. Nearly three quarters of in-work claimants, 970,000, are not currently looking for additional work to increase their earnings.

Bank lending to private companies in the UK has fallen in every single year since the financial crisis, dropping a staggering £57billion since 2008. That decline continued last year despite the introduction of the Funding for Lending Scheme.

A new report by Policy Exchange says that councils that fail to hit their own housing targets should have to release land to local people who want to design their own homes. In 2012, construction began on just 100,000 homes.

Dean Godson is the new Director of Policy Exchange. He takes over with immediate effect from Neil O’Brien who has joined the Treasury as a Special Adviser to George Osborne MP.

A new report by Policy Exchange says that nearly 1 in 5 children (2.3 million) across the UK are living materially deprived lives and are not included in the government’s headline measure of relative income poverty. This is despite £170billion of expenditure between 2003 and 2010. Since 1998/9 the increase in net financial support for the poorest households with children amounts to £4,000 a year above inflation.

A new report by Policy Exchange argues that Justice Secretary Chris Grayling's plans to privatise the probation service, underpinned by a ‘payment-by-results’ mechanism, will only work if the prisons system is wrapped into the reforms and prison governors are directly incentivised to cooperate with the new private and voluntary providers who are due to take over probation services.

A report by Policy Exchange shows that over three quarters (79%) of nurseries and childminders were judged ‘good’ or ‘outstanding’ by Ofsted last year compared to only 64% of nurseries and childminders in the most deprived areas of the country. The figures are calculated on a neighbourhood by neighbourhood level.