Government and Institutions

IEA Brexit Unit responds to the news that the Brexit talks are moving to phase two

Responding to the news that the EU has agreed to move to the next stage of Brexit talks, Julian Jessop, Chief Economist and Head of the IEA Brexit Unit, said: "The UK risks being boxed in permanently to a ‘soft Brexit’, where it retains the obligations of EU membership with no control over the rules ... Continue reading
Tax and Fiscal Policy

Response to reports of a Brexit divorce bill settlement

Responding to reports that the UK and the EU have agreed the principles of a financial settlement (the so-called Brexit divorce bill) Julian Jessop, Chief Economist and Head of the IEA Brexit Unit, said: “The UK government has made a generous offer to settle financial obligations accumulated during the period of EU membership, despite the ... Continue reading
Lifestyle Economics

IEA reacts to Labour Party's call for a ban on food adverts

Commenting on the Labour Party's promise to ban advertising of junk food before the 9pm watershed, Chris Snowdon, Head of Lifestyle Economics at the Institute of Economic Affairs said: "Under this puritanical proposal, the majority of food adverts would be banned at Christmas time. Cheese, nuts and chocolates would be treated as X-rated items. Christmas ... Continue reading
Government and Institutions

IEA Brexit Unit releases new briefing on the divorce bill

The UK government is said to be ready to make an ‘improved’ offer the Brexit ‘divorce bill’, with the Government’s latest offer reportedly worth around £40bn. At one extreme, some argue that the UK should pay whatever the EU asks. At the other, some insist that the UK should pay nothing at all – or ... Continue reading

IEA reacts to Autumn Budget 2017

Commenting on the 2017 Budget, Mark Littlewood, Director General at the Institute of Economic Affairs, said: “The Budget featured a vast array of spending commitments without a great deal of clarity on how they will be funded. Several of them are ill-thought-out and minuscule measures. A young person’s railcard is a device to make it easier ... Continue reading
Tax and Fiscal Policy

IEA release briefing ahead of the Budget 2017

The Budget should pursue policies which reduce the budget deficit, establish a more coherent tax system and improve long-term fiscal responsibility. A new briefing from the Institute of Economic Affairs argues that less action is better than too much, calling on the Chancellor to avoid the temptation to tweak policies or make knee-jerk responses to economic ... Continue reading

IEA reacts to Supreme Court ruling on minimum alcohol pricing in Scotland

Commenting on the Supreme Court's decision to back Scottish minimum alcohol pricing, Chris Snowdon, Head of Lifestyle Economics at the Institute of Economic Affairs said: "The Supreme Court's decision today is disappointing, but we should be thankful that the legal action has delayed the implementation of this pernicious policy by five years, thereby saving Scottish ... Continue reading

IEA release a new briefing on the gender pay gap

Today’s Equal Pay Day (EPD) campaign is fundamentally misleading, and fails to prove any gender pay gap between men and women in similar roles. The EPD campaign, run by the Fawcett Society, promotes a pay gap figure that is five percentage points higher than the official figure, only achieved by including outlier salaries of high ... Continue reading

IEA release new book on the flaws of paternalism

The modern 'public health' movement is a form of coercive paternalism that has no place in a free society, according to a new book by Christopher Snowdon. In a wide-ranging monograph - 'Killjoys' - that takes in everything from Mussolini to nudge theory, Snowdon concludes that 'public health' has moved beyond its original focus of ... Continue reading

IEA releases report on why we need to allow the e-cigarette market to grow

The introduction of safer, alternative nicotine products to the market should be celebrated. Deterring smokers from using e-cigarettes – which have much lower health risks associated with them - through restrictive regulation is nonsensical and counter-productive, particularly if politicians want to reduce smoking rates. A raft of evidence shows that vaping leads to smoking cessation. ... Continue reading