Valuing skills: how the government estimates the returns to education
A regulatory environment that supports investment in human capital - people's education and skills - is just as important as one that supports physical capital.
A regulatory environment that supports investment in human capital - people's education and skills - is just as important as one that supports physical capital.
The quality of the evidence base – and how rigorously it was scrutinised before the decision was made – can directly affect whether a policy survives judicial review. This blog considers three judicial review cases that highlight the important role that RPC opinions can play.
This is the final post in our series answering the simple but important question: why does the RPC matter?
The quality of a country's regulatory framework is not a purely domestic concern. It shapes trade relationships, influences investment decisions, and signals to international partners whether a country is serious about evidence-based regulation. Our role at the Regulatory Policy Committee (RPC) sits at the heart of that story.
How the Regulatory Policy Committee’s independent scrutiny supports democratic accountability
This is the second post in our series on "Why the RPC matters" explaining the importance of our independent scrutiny.
This is the first post in a new series on ‘Why the RPC matters’ from our Chair, Stephen Gibson, explaining the importance of our independent scrutiny.
The Better Regulation Framework requires departments to assess how policies affect market competition. Regulations can inadvertently harm consumers and growth by creating barriers for new businesses and innovative competitors. Policymakers should use the CMA's checklist to identify competition impacts and explore alternatives that protect smaller firms and potential market entrants.
How government values carbon has become an increasingly important part of its value for money analysis. At the RPC, we scrutinise carbon appraisal as we would other societal impacts - looking for proportionality, transparency and consistency.
The government is keen that all areas of the public sector understand the opportunities from using artificial intelligence (AI) and mitigate the potential risks. The RPC has been experimenting with using AI tools over the past few months to see how far these can help us with different aspects of our work.