Commenting on calls to extend the furlough scheme, Julian Jessop, Economics Fellow at free market think tank the Institute of Economic Affairs, said: "The Chancellor is right to push back against calls to extend the furlough scheme, which is already due to last until 30th September. The economy, as measured by GDP, should be back ... Continue reading

Prof. Len Shackleton quoted in the Daily Mail

Business owners in the hospitality sector are calling for an end to the furlough scheme as they struggle to fill vacancies whilst workers remain on furlough. Commenting on the story in the Daily Mail, IEA Editorial and Research Fellow Professor Len Shackleton argued the furlough scheme has "gone on for far too long", adding "We ... Continue reading

Prof. Len Shackleton quoted in City AM

IEA Editorial and Research Fellow, Prof. Len Shackleton, was quoted in City AM commenting on the encouraging unemployment statistics published by the Office for Budget Responsibility (OBR). Len warned that the UK was "not out of the woods yet", adding: "Hours worked are still eight per cent below pre-pandemic levels, there are still three quarters ... Continue reading
Responding to today's employment data from the Office for National Statistics (ONS), Professor Len Shackleton, Editorial and Research Felllow at free market think tank the Institute of Economic Affairs, said: "The overall picture is better than many expected. "However, hours worked are still about 8 per cent below pre-pandemic levels, there are still three quarters of ... Continue reading

Annabel Denham writes for The Spectator

In an op-ed for The Spectator, IEA Director of Communications Annabel Denham discussed the implications a home working economy would have on employers and employees. Annabel argued we should keep a close eye on productivity levels to gauge whether the working from home stint over the course of the pandemic should remain. Annabel also warned ... Continue reading

Emma Revell writes for CapX

Attempts by the government to prevent a so called 'brain drain' by young people leaving towns to live and work in the city is futile, according to IEA Head of Public Affairs Emma Revell. In an article for CapX, Emma argued grand plans to make the regions an attractive place for young professionals is not ... Continue reading

Prof. Len Shackleton writes for 1828

IEA Editorial and Research Fellow Prof. Len Shackleton has penned an op-ed for 1828, arguing that the government has a responsibility to do something about dismal youth unemployment figures. Len suggests that  Covid lockdown measures have put immense strain on businesses and have disproportionally affected young people in the labour market. But instead of expensive ... Continue reading

Professor Len Shackleton writes for The Telegraph

IEA Editorial and Research Fellow Professor Len Shackleton has penned an op-ed for The Telegraph arguing that the implementation of an increased  National Living Wage will add costs to already struggling sectors like hospitality and retail. Len argued that: "Getting lower-skilled workers back into employment must be a priority for the next few years, and ... Continue reading

Annabel Denham writes for The Spectator

In early February, the Supreme Court ruled that Uber workers were employees, not self-employed. Following this landmark ruling, Uber this week  announced it will now pay drivers a minimum wage, holiday pay and pensions. IEA Director of Communications Annabel Denham responded to the news in an article for The Spectator arguing that the decision by ... Continue reading
The Institute of Economic Affairs has been approached by a journalist from The Guardian newspaper regarding its use of the Coronavirus Job Retention Scheme (CJRS). The Guardian asked whether the IEA should pay back the state support it has received. It questioned whether putting staff on furlough, while some spokespeople were critical of the scheme, ... Continue reading