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Centre for Policy Studies Profile picture
Centre for Policy Studies
@CPSThinkTank
Celebrating 5️⃣0️⃣ years. Leading British think tank, promoting enterprise, ownership & opportunity. Sign up to our newsletter 🔗 https://t.co/sHsVxjJLJo
Jun 15 • 6 tweets • 2 min read
This week's Spending Review confirmed that the government will spend the equivalent of £24,190 per adult by 2028/29 - 13% more than before the pandemic. Yet public services feel like they're getting worse, not better. So where's all this extra money going? 🧵 Image Three categories account for 80% of the spending increase since the pandemic: debt interest (39%), healthcare (26%), and welfare (15%). Defence? Just 9% of the increase. Image
May 29 • 9 tweets • 4 min read
Meet Nick. He's 30 and does everything right: works hard, pays taxes, follows the rules. He’s also given up hope of ever building the life his parents had.

Today's @spectator tells his story. Our 2023 Justice for the Young report shows how Britain is failing his generation 🧵 Image Nick's trapped in a cruel paradox. He pays over half his take-home pay to live in a cramped HMO, more than most mortgage payments. But banks won't lend to him.

Post 2008 rules meant to prevent crashes now prevent homebuying. His landlord bought with credit Nick can never access Image