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

Julian Jessop quoted in the Evening Standard

The Office for National Statistics (ONS) has today released new figures showing the jobless rate has risen to 5.1 per cent.  Julian Jessop, IEA Economics Fellow, was quoted in the Evening Standard saying that the unemployment figures are not as bad as some commentators feared, suggesting that "Once the brakes are taken off, the economy ... Continue reading

Professor Len Shackleton quoted in The Telegraph

The Supreme Court has ruled Uber drivers are workers and entitled to holiday pay, and the minimum wage. The move will have major repercussions for the gig economy. Professor Len Shackleton, Editorial and Research Fellow at the IEA, responded to the ruling warning that it "will raise costs for Uber users, who are often young ... Continue reading
Responding to the UK's Supreme Court ruling that Uber must classify its drivers as workers rather than self-employed, Professor Len Shackleton, Editorial and Research Fellow at free market think tank the Institute of Economic Affairs, said:  "This judgment will raise costs for Uber users, who are often young people who cannot afford conventional cabs. It will also reduce ... Continue reading
Labour Market

Professor Len Shackleton quoted in the Yorkshire Post

The TUC has called for a public sector pay rise and an increase in the minimum wage to "level-up our unequal economy". In response, IEA Editorial and Research Fellow Professor Len Shackleton warned that "without pay restraint, public spending will increase still further and this will ultimately mean higher taxes". Quoted in the Yorkshire Post, ... Continue reading
Responding to the TUC's call for a public sector pay rise, Professor Len Shackleton, Editorial and Research Fellow at free market think tank the Institute of Economic Affairs, said:  "Come rain or shine, you can always rely on the TUC to demand higher pay for public sector workers and an increase in minimum wages. "Oblivious ... Continue reading

Professor Len Shackleton writes for CapX

The new Business Secretary, Kwasi Kwarteng, has abandoned attempts to de-regulate the labour market. Reacting to the news in CapX, Professor Len Shackleton, Editorial and Research Fellow at the IEA said: "Mr Kwarteng knows perfectly well that most employment ‘rights’ are ultimately paid for by workers themselves in terms of lower pay and fewer job ... Continue reading
Responding to the latest unemployment figures published by the Office for National Statistics (ONS), Julian Jessop, Economics Fellow at the free market think tank the Institute of Economic Affairs, said:  "Looking past the grim headlines, the latest labour market data are actually reassuring. The detail suggests that unemployment levelled out in November itself, while the economy ... Continue reading