How one small change in mindset could free millions of SMEs from onerous regulation and tax by allowing more of their employees to register as self-employed.

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Accurate accounting is at the root of the legal and scrutiny framework; without accurate accounts basic laws are incapable of enforcement. This report argues that international accounting rules have given the impression of illusory profits on bank balance sheets, inflating bonuses and creating perverse incentives for banks to act recklessly.

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In a follow up his last report on the Tobin Tax, Adam Baldwin assesses the impact of the European Commission's Financial Transaction Tax on Britain. He draws on the EC's impact assessment and independent research and concludes that it would wipe out derivatives trading in the City, hurt economic growth and increase market volatility.

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In this groundbreaking report, James Croft argues that the crisis of school places can only be met by giving true freedom to Free Schools and allowing profit-making schools to operate within the Free Schools programme. In his study of profit-making school outcomes, he shows that schools charging fees on a par with the average state expenditure per pupil equal or exceed the performance of average independent schools. As the report shows, unlocking the power of profit within the Free Schools programme would be a revolution in schooling in England.

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