IEA Featured Policies

The Labour Party has no excuse for clinging onto ideas of a "socialist utopia", says Kate Andrews, Associate Director at the Institute of Economic Affairs. Writing her weekly column for City AM, Kate argues that "when today's Labour party pushes a platform of tax hikes and renationalisation, it does so in the full knowledge that ... Continue reading

Quoted in The Daily Express, Professor Len Shackleton, editorial and research fellow at the Institute of Economic Affairs, argued that “Labour’s plans are not properly costed and would prove very difficult to deliver." He added: “Their proposals are often contradictory: for instance the costs of imposing a four-day week on the NHS would eat up ... Continue reading

Quoted in the Daily Mail, Director General Mark Littlewood responded to Labour's manifesto pledge. Mark said: “Labour’s combination of a high tax, big-state society – characterised by renationalisation of major industry – would be a strange step back into the dark ages of state controlled industrial strategy.” Read the IEA's full response to the Labour ... Continue reading

Quoted in The Daily Telegraph, IEA Director General Mark Littlewood reacted to Labour's manifesto, specifically plans to raise taxes and  borrow hundreds of billions of pounds. Mark said the new taxes on business would “hit the economy hard” resulting in higher costs for consumers, and would discourage investment, leading to lower tax revenues for the ... Continue reading

The IEA was quoted in City AM, responding to the Prime Minister's plans to raise the National Insurance threshold. While the IEA welcomed the step, it would make sense to go further and simply merge income tax and national insurance. The current dual system  of income tax and national insurance “misleads the public” and such ... Continue reading