IEA reacts to Government's announcement of funding boost for the NHS

Commenting on the Government's plan to increase NHS funding, Jamie Whyte, Research Director at the Institute of Economic Affairs, said: "The Conservatives are kicking an extremely expensive can down the road by refusing to couple increased healthcare spending with fundamental reform of the NHS. "Any injection of cash would give a short-term boost to the NHS, but ... Continue reading

ITCU Advisory Council comes to the UK

The Advisory Council members of the recently launched IEA International Trade and Competition Unit will be in London and available for comment and interview from Wednesday 20th – Friday 22nd June. The group brings in a wealth of expertise in trade and competition issues from around the world. •    Sir Lockwood Smith: Former speaker of ... Continue reading

IEA releases report on insurance market regulation

Heavy-handed regulation of insurance companies is unnecessary, expensive and should be rolled back post-Brexit. Reducing risk comes at a cost, introduces complexity and can be counterproductive. Implementation of the EU’s Solvency II cost insurance companies and ultimately policyholders £2.6 billion with an ongoing cost of £196 million every year. The rigid regulations imposed by the ... Continue reading

IEA releases report debunking the myths surrounding the purposes of tax havens

The popular account of offshore financial centres as hotbeds of tax evasion is an outdated caricature that bears little resemblance to how OFCs operate. A new report from the Institute of Economic Affairs debunks a number of myths surrounding OFCs – or tax havens – and outlines the important economic function they play in a ... Continue reading

IEA announces new member of the Board of Trustees

The Institute of Economic Affairs, the UK’s leading free-market think tank, today announces an addition to its board of trustees. Jon Moynihan OBE is the former CEO and Executive Chairman of PA Consulting. He is a venture capitalist who chaired the Vote Leave Finance Committee. He was also the first chair of Vote Leave’s Campaign ... Continue reading

IEA appoints new Digital Manager

The Institute of Economic Affairs, the UK’s leading free-market think tank, today announces a new addition to its digital output team. Darren Grimes, formerly of Brexit Central will be joining the IEA as Digital Manager. Since the EU referendum, during which Darren founded the youth campaign ‘BeLeave’, he has worked as the Deputy Editor of the ... Continue reading

IEA responds to World Health Organisation report on non-communicable diseases

Commenting on the World Health Organisation's report 'Time To Deliver' on non-communicable diseases, Christopher Snowdon, Head of Lifestyle Economics at the Institute of Economic Affairs says: "The World Health Organisation’s decision to exclude taxes on food and drink from its list of formal recommendations is welcome. Sugar taxes have never reduced obesity anywhere. They only ... Continue reading

IEA responds to calls for increased taxation to fund the NHS

Commenting on calls for tax rises to pay for the NHS, Mark Littlewood, Director General at the Institute of Economic Affairs, said: “How much more tax are the British public expected to pay to cover up for a fundamentally broken healthcare system? Even if public spending on the NHS were to increase to the levels recommended ... Continue reading

IEA reacts to Public Health England's sugar reduction progress report

Commenting on Public Health England's progress report on the sugar reduction scheme, Christopher Snowdon, Head of Lifestyle Economics at the Institute of Economic Affairs says: "Public Health England issued their Soviet-style targets with no understanding of how food is made or what consumers want. A five per cent reduction in one year was always unrealistic because ... Continue reading

IEA reacts to Government's decision to drop the stakes of Fixed Odds Betting Terminals to £2

Commenting on the Government’s decision to drop the stakes of Fixed Odd Betting Terminals to £2, Christopher Snowdon, Head of Lifestyle Economics at the Institute of Economic Affairs, said: “Today’s announcement shows that you can get anything banned in this country if you whine for long enough. Make no mistake, reducing the stake to £2 ... Continue reading