IEA Featured Press Release

Commenting on the proposed one-off payment of up to £500 for families to deal with high energy bills, Professor Len Shackleton, editorial and research fellow at free market think tank the Institute of Economic Affairs, said: "We are still facing a high level of government borrowing, which is one of the factors behind rising inflation. ... Continue reading

Commenting on the collapse of energy company Together Energy, Andy Mayer, Energy Analyst at the Institute of Economic Affairs, said: “Together Energy is the 26th UK retail energy company to collapse in a matter of months, and a totemic example of the failure of Britain’s “socialist” price cap. "This is a Labour council-backed firm destroyed ... Continue reading

Christopher Snowdon, Head of Lifestyle Economics at free market think tank Institute of Economic Affairs, said: "Plan B restrictions cannot be abolished a moment too soon. Vaccine passports have never worked anywhere and face masks are largely theatrical. "As heavily restricted Europe continues to struggle with the virus, England has a falling infection rate and ... Continue reading

Commenting on the inflation figures, published today by the Office for National Statistics, Julian Jessop, Economics Fellow at free market think tank the Institute of Economic Affairs, said: "The further rise in inflation in December is a classic example of too much cheap money chasing too few goods, and services. "It is tempting to attribute ... Continue reading

EMBARGOED UNTIL 12.00 18 JANUARY 2022 Contact: Emily Carver, Head of Media, 07715 942 731 “Inflation is caused by excessive growth of the quantity of money. A return to money growth of under 5 per cent a year is a necessary condition of a return to on-target inflation of 2 per cent a year.”  That ... Continue reading

Commenting on the latest labour market figures, published today by the Office for National Statistics, Professor Len Shackleton, Editorial and Research Fellow at free market think tank the Institute of Economic Affairs, said: "Today's labour market data continue to offer a broadly positive picture, although the inevitable lags in collection mean that the impact of ... Continue reading

Commenting on the future of the BBC licence fee, Mark Littlewood, Director General at free market think tank the Institute of Economic Affairs, said: “The government should now legislate to bring the compulsory TV licence fee to an end by 2027, otherwise we will face five years of rearguard actions by the corporation to attempt ... Continue reading

Commenting on Oxfam's latest report 'Inequality Kills', Matthew Lesh, Head of Public Policy at free market think tank the Institute of Economic Affairs, said: “Oxfam is once again hating on the rich while backing policies that will do nothing to alleviate the suffering of the world’s poor. Inequality doesn’t kill, it’s the debunked ideas that ... Continue reading

Commenting on the latest GDP figures, published today by the Office for National Statistics, Julian Jessop, Economics Fellow at free market think tank the Institute of Economic Affairs, said: "The better than expected GDP data show that overall activity in the UK economy was finally back above its pre-Covid level in November. This milestone has ... Continue reading