Trade, Development, and Immigration

IEA Brexit Unit releases report on UK-US trade deal

British opponents of a US-UK trade deal have tended to exaggerate the risks, including fears that it would inevitably lead to the ‘Americanisation’ of the NHS, a free-for-all for powerful multinational corporations, or a race to the bottom in food standards. A new briefing from the Institute of Economic Affairs explains the benefits of an ... Continue reading

IEA reacts to the Government's response to the Taylor review

Commenting on the Government's response to the Taylor Review, Mark Littlewood, Director General at the Institute of Economic Affairs said: “The Government often declares that the UK is open for business, yet is threatening to pile more onerous regulations and costs onto employers. These would inevitably be passed on to consumers and workers themselves. “By ... Continue reading

IEA releases report on The City of London post-Brexit

The City of London is in a strong position to maintain its status as the financial capital of the world. Many of the City’s strengths are deeply embedded and therefore “Brexit-proof”. Plus, it is in pole position to become the centre of global FinTech. Nevertheless, with an increasingly globalised marketplace, steps must be taken to ensure ... Continue reading

IEA releases analysis revealing Brexit bias on flagship political programmes

A new analysis of nearly 600 panellists on two key BBC programmes has found that Leave supporters have been badly under-represented since the referendum. The Institute of Economic affairs undertook an analysis of the composition of panels for Any Questions and Question Time from June 2016 to December 2017. Whilst on most metrics, there does ... Continue reading
Government and Institutions

IEA reacts to leaked Brexit analysis

Commenting on Whitehall's leaked Brexit analysis, Julian Jessop, Chief Economist and Head of the Brexit Unit at the Institute of Economic Affairs said: “This latest analysis of the economic impact of Brexit would have to be published and critically reviewed before it could be taken seriously. But the leaks add very little to the debate ... Continue reading

IEA reacts to PwC's review of pay at the BBC

Commenting on the findings of PwC's pay review at the BBC, Kate Andrews, News Editor at the Institute of Economic Affairs said: “PwC’s audit of BBC pay has proven what many of us suspected all along – that pay discrepancies within the organisation were not based on gender, nor were they a case of unequal ... Continue reading

IEA publishes report on the secondary ticket market

The secondary ticket market is growing and facing calls for limitations on resales and caps on prices. Yet heavy-handed regulation may do more harm than good, and common complaints surrounding high prices - such as lack of transparency or misrepresentation - could be solved by the enforcement of existing laws rather than interference in price ... Continue reading

IEA reacts to call for mandatory health warnings on alcohol

Commenting on the Royal Society for Public Health's call for mandatory health warnings on alcohol, Christopher Snowdon, Head of Lifestyle Economics at the Institute of Economic Affairs said: "Mandatory labelling could help to inform consumers if it is strictly factual. Calorie counts, for example, should be carefully considered after Brexit. But the new drinking guidelines ... Continue reading

IEA releases report on how to supervise tech companies

The rise of tech giants and new media channels should not be an excuse for politicians to usher in overreaching regulation or unfair taxation. Companies such as Facebook and Google have been accused of enabling the spread of fake news, prompting calls for more restrictive regulation on their activity. But this ignores the evidence that ... Continue reading
Trade, Development, and Immigration

IEA reacts to Oxfam's latest report on inequality

Commenting on Oxfam’s latest report, Mark Littlewood, Director General at the Institute of Economic Affairs, said: “Oxfam have, again, come up with a gross misrepresentation of world poverty which fails to line up with everything else we know about human advancement and income improvements. Demonising capitalism may be fashionable in the affluent Western world but ... Continue reading