Thinktank

Company has received about £8.7bn in renewable energy subsidies since 2012, despite claims wood pellets are not sourced sustainablyThe owner of the Drax power plant in North Yorkshire received record subsidies of almost £1bn for burning trees to generate electricity in 2025, a climate thinktank has calculated.The company was paid £999m last year for generating about 4.5% of Great Britain’s electricity from its biomass plant, costing each household £13 a year, according to analysts at Ember. Continue reading...

Analysis by IFS shows George Osborne’s mortgage schemes launched in 2013 had little effect on social mobilityHigher-income households were the biggest beneficiaries of George Osborne’s Help to Buy mortgage schemes, introduced in the 2010s, according to an analysis by the Institute for Fiscal Studies (IFS) thinktank.Launched by the Conservative-Lib Dem coalition government in 2013, Help to Buy involved two separate schemes aimed at making home ownership more achievable in a period of rapid house price growth. Continue reading...

Resolution Foundation says households face rising costs from higher bills for energy and filling upHigher energy prices as a result of the Iran war are likely to deal a blow to Britons’ living standards, leaving them nearly £500 worse off this year, a thinktank has warned.The Resolution Foundation said households faced rising costs from both higher gas and electricity bills and at the petrol pump. Continue reading...

Former Australian PM, who has been associated with pro-Orbán Danube Institute since 2023, praises ousted Hungarian leaderGet our breaking news email, free app or daily news podcastTony Abbott has likened Viktor Orbán to “[Donald] Trump with brains” and labelled him Hungary’s “greatest modern leader”, as the future of his work for the ousted leader’s pet thinktank hangs in the balance.Orbán’s 16-year grip on power in Hungary has ended after the rightwing populist leader conceded his Fidesz party had lost to the opposition Tisza party led by Péter Magyar, which won at least 138 of the 199 seats in the country’s parliament. Continue reading...

Proposal to help people heat two rooms, provide hot water and run key appliances without incurring more debtIn order to cut rising bills all UK households should receive a minimum amount of energy at rates subsidised by the government through North Sea taxes, a thinktank has suggested.Providing all homes with enough energy to heat two rooms, provide hot water and run key appliances such as a fridge and washing machine, at rates frozen at current levels, would require a subsidy of about £4.5bn, according to the New Economics Foundation. Continue reading...

Report by Verdant says rooting out waste, fraud and tax avoidance would save money that could help improve public servicesA “Doge of the left,” could save up to £30bn a year for taxpayers by rooting out waste, fraud and tax avoidance, according to the first report from a new green thinktank.Launched amid growing interest in the future manifesto of Zack Polanksi’s Green party, the Verdant thinktank will be co-chaired by James Meadway, a former adviser to Labour shadow chancellor John McDonnell, and civil society campaigner Deborah Doane. Continue reading...

Iran war has increased gas price, with effects on UK energy bills that could be avoided, Common Wealth saysHousehold energy bills could be reduced by up to £203 a year by stopping expensive fossil gas setting the price of energy in the UK, according to a report.Under the existing system, gas – the most expensive form of electricity production in the UK system – set the price of energy 85% of the time in 2024 in the UK, even though it generates only about a quarter of Britain’s electricity. Continue reading...