Len Shackleton writes for CapX

Len Shackleton, IEA Editorial and Research Fellow, has authored a piece for CapX commenting on how the government should respond to positive employment statistics and the furlough scheme's departure. Len argues that, in spite of the clear success of the furlough and Coronavirus Job Retention schemes, that the government must now resist the urge to ... Continue reading

Len Shackleton comments for Politics.co.uk

Len Shackleton, Editorial and Research Fellow at the IEA, has commented on recent ONS Labour Market Statistics that show a fall in unemployment, with 2.2 million having begun a new job between July and September. In spite of this good news, however, Len points out that all is not quite as it may seem and ... Continue reading
Economic Theory
In The Common Sense of Science, the Polish-British mathematician Jacob Bronowski wrote that, “at the basis of human thought lies the judgment of what is like and what is unlike.” Unfortunately, public policies often mistakenly treat people that are unlike in crucial ways as if they are alike, or those who are alike in crucial ... Continue reading

Julian Jessop quoted by Politics.co.uk

IEA Economics Fellow, Julian Jessop, was quoted by Politics.co.uk commenting on the latest employment figures released by the Office for National Statistics (ONS). Julian argued: "Today’s strong employment data should help to calm fears that the UK is sliding back into recession, although they also make it harder to argue that interest rates still need ... Continue reading

IEA cited in The Times

The Prime Minister used his conference speech to argue that the present stresses and strains in the economy, which have led to supply shortages, are part of the transition towards a high-wage, high-skill economy. Boris Johnson believes that by restricting the inflow of cheap labour, British businesses will be forced to pay UK workers more. ... Continue reading

Julian Jessop appears on BBC Newsnight

IEA Economics Fellow, Julian Jessop, appeared on BBC Newsnight to discuss the government's plan for a high wage economy by reducing the inflow of cheap foreign labour. Julian argued that "Artificially creating labour shortages isn't a great way to boost productivity ..It can disrupt the economy". Watch highlights here.... Continue reading

Mark Littlewood quoted by Sky News

Boris Johnson used his speech at Conservative Party Conference to announce his intention to transform Britain into a high wage economy by restricting the inflow of cheaper foreign labour, forcing British business to pay more to British workers. The announcement has been criticised across the business community. Mark Littlewood, IEA Director General, was quoted by ... Continue reading

Annabel Denham appears on Channel 4 News

IEA Director of Communications, Annabel Denham, discussed Boris Johnson's plan for a high wage economy on Channel 4 news with former Labour Treasury minister Kitty Ussher, who is now chief economist at the Institute of Directors. The government believes that by preventing the import of cheap labour through immigration to fill labour shortages in sectors ... Continue reading
Labour Market

Annabel Denham writes for The Telegraph

IEA Director of Communications Annabel Denham has welcomed the end of the furlough scheme, arguing it was holding the UK labour market back from adjusting to the post-pandemic economy. Annabel argued that "Politicians should be trying to facilitate new jobs, not create them from thin air or identify novel ways to tighten the cilice on ... Continue reading