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The Disraeli Room is a hub for new ideas, commentary and analysis. ResPublica's blog is named after the great reforming Prime Minister of the nineteenth century, Benjamin Disraeli, and welcomes contributions from across the political, academic and professional spectrum.
Poverty is costly for the British Government. It has to cover large parts of the living costs for millions of people who earn less than the defined living standards; in the meantime this keeps the poor stuck in a poverty trap.
The regulation of organisations and markets is a costly affair. State regulation currently costs the UK economy somewhere in the region of £30bn every year. Employment laws, health and safety regulations and financial compliance legislation provide the bulk of these costs.
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