Policy Exchange

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• Time to tame town hall tyrants

  29 March 2011

  Alex Morton, Policy Exchange's Housing & Planning Research Fellow, writes on Planning magazine's website, arguing that better planning systems make economies more competitive and citing findings from report Not with a Bang but a Whimper that London professionals consider high living and housing costs to be more problematic than taxes.

• Reagan Tax Cuts Offer Crutch in Kingdom of Lame

  21 March 2011

  Bloomberg Businessweek cites findings from polling conducted for Policy Exchange report Not with a Bang but a Whimper that high tax and strict regulations are causing large numbers of financial services professionals to move abroad.

• UK policy changes could net £3.5bn

  02 March 2011

  The Financial Times highlights estimates from report Not with a Bang but a Whimper that if a quarter of the financial services workers who told Policy Exchange they were considering leaving the UK actually did so, the resulting cost to the economy could be as high as £1.375 billion.

• Ministers could find savings of £3.5bn per year

  02 March 2011

  City A.M. refers to the finding by Policy Exchange report Not with a Bang but a Whimper that high tax and complicated regulation are in danger of driving away workers in the financial services.

• New poll supports Policy Exchange findings of financial execs preparing to leave UK

  04 January 2011

  GFS News reports on findings from Policy Exchange report Not with a Bang but a Whimper that 11% of financial services professionals were planning to leave the UK, eFinancialCareers.com has published a separate survey suggesting that 14% of individuals working in the City of London are currently looking for a job overseas.

• Are financial service companies being driven out of the UK?

  20 December 2010

  Ted Sumpster, Financial Services Research Fellow at Policy Exchange, is quoted by CPI Financial explaining recommendations from Not with a Bang but a Whimper that the government ought not be complacent in its treatment of the City, as a high tax and regulatory burden are in danger of driving the financial services elsewhere.

• Bankers braced for battle

  12 December 2010

  Findings from Policy Exchange report Not with a Bang but a Whimper that the City of London is in danger of losing financial services and their workers to other countries due to high taxes and overburdening legislation are reported in The Sunday Times.

• High noon for bank bonuses

  12 December 2010

  The Sunday Times reports on Policy Exchange report Not with a Bang but a Whimper which finds that high taxes and the burden of regulation are tempting many financial services and professionals to leave the UK.

• Thinktank raises fears of UK City exodus

  09 December 2010

  Global Financial Strategy reports on latest Policy Exchange report Not with a Bang but a Whimper, quoting author and Financial Services Research Fellow Ted Sumpster pointing out that the financial services industry is highly mobile and can potentially move to avoid high taxes and regulatory burdens.

• Almost a quarter of financial institutions have considered quitting Britain

  09 December 2010

  Conservative Home quotes Ted Sumpster, Policy Exchange Financial Services Research Fellow and author of latest report Not with a Bang but a Whimper, showing how the City requires a stable system of tax and regulation in order to prevent the financial services industry being attracted abroad.

• Exodus: 25% of financial services industry considers leaving UK

  09 December 2010

  Politics.co.uk reports on latest Policy Exchange report Not with a Bang but a Whimper, quoting Financial Services Research Fellow Ted Sumpster warning that London's status as a financial centre is not pre-ordained and that taxes and regulations are in danger of driving companies away.

• City out with a whimper - not a bang

  09 December 2010

  Allister Heath, editor of City A.M., reports on findings from Policy Exchange's latest report Not with a Bang but a Whimper, which show that unless tax and regulation burdens are reduced, the City of London could see a gradual decline of financial services companies to the Crown Dependencies and Switzerland.

• Not with a Bang but a Whimper: Are we undermining the future of financial services in Britain?

  09 December 2010

  A new research note from think tank Policy Exchange today reveals how regulation and tax are in danger of driving the wealth-creating financial services industry out of the UK.

• Keeping the financial sector in Britain

  08 December 2010

  Ted Sumpster, Financial Services Research Fellow at Policy Exchange and author of latest report Not with a Bang but a Whimper, writes on The Spectator's blog that the government should outline a clear plan for tax and regulation in the UK in order to create a more positive atmosphere with which we can retain financial services companies.

• Bye-Bye British Business?

  07 December 2010

  The Daily Express quotes Financial Services Research Fellow Ted Sumpster on findings from upcoming Policy Exchange report Not with a Bang but a Whimper that a quarter of firms surveyed for the report were planning to move part of their operations out of the UK, compared to only 2% who were hoping to add to their operations in the UK.

• There's no City exodus yet, but there will be

  06 December 2010

  Financial Services Research Fellow Ted Sumpster writes in The Daily Telegraph on findings from upcoming Policy Exchange report Not with a Bang but a Whimper, which finds that the overall burden of tax and regulation is discouraging financial service businesses from basing their operations in the UK.