Kate Andrews writes for City AM

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

Professor Len Shackleton quoted in the Daily Express

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
Housing and Planning

Dr Kristian Niemietz quoted in the Daily Mail

Quoted in the Daily Mail, Head of Political Economy Dr Kristian Niemietz responded to the Labour Party's housing policy announcements, specifically plans to cap rent rises. Kristian said: "Capping rent would not add a single flat to the country’s housing stock. "On the contrary: this would entice the “marginal landlord” – the person for whom ... Continue reading
Tax and Fiscal Policy

Mark Littlewood quoted in the Daily Mail

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
Tax and Fiscal Policy

Mark Littlewood quoted in The Daily Telegraph

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

Dr Kristian Niemietz quoted in the Daily Mail

Quoted in the Daily Mail, Dr Kristian Niemietz responded to Labour's manifesto pledge announcement to invest in the biggest council and social house building programme for decades. 'While Labour is right to highlight the severity of the UK's housing crisis...There is no specific shortage of social housing in the UK, rather a shortage of inexpensive ... Continue reading
Tax and Fiscal Policy

IEA quoted in City AM

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

Dr Kristian Niemietz quoted in The Sun

Quoted in The Sun, IEA Head of Political Economy Dr Kristian Niemietz responded to Labour's manifesto plans to create a state-run English Sovereign Land Trust that would acquire land at knock-down rates. "The Labour Party's plan to introduce a state-run land trust undermines property rights and would do nothing to solve the housing crisis", Kristian ... Continue reading
Economic Theory
Commenting on the Labour manifesto, Director General at the Institute of Economic Affairs Mark Littlewood said: “With today’s tax burden now at a 50-year high, the Labour Party’s plan to hike taxes and borrow hundreds of billions of pounds cannot end well for the taxpayer. “The creation of a financial transactions tax, a windfall tax, and ... Continue reading
Responding to Labour’s manifesto announcement, calling for the biggest council and social house building programme for decades, Head of Political Economy at the Institute of Economic Affairs Dr Kristian Niemietz said: “While Labour is right to highlight the severity of the UK’s housing crisis, the party is wrong to focus purely on the availability of ... Continue reading