The news that the UK has dropped out of the top-ten countries in the Index of Economic Freedom
should act as a wake-up call to the politicians wishing to form the next government. The country’s score dropped from 79 to 76.5, the second largest fall among the world’s twenty largest economies (only in the USA is economic freedom declining even more rapidly). Worse still, the 2010 Index is based primarily on data from July 2008 to June 2009 – before December’s disastrous Pre-Budget Report
and the arbitrary supertax on bankers’ bonuses.