Lifestyle Economics

New IEA research features in The Sunday Express

New IEA research that finds the UK will be paying £23 billion in ‘sin taxes’ next year has featured in The Sunday Express. The article references the reports findings on how smoking, eating and drinking to excess may be bad for your health, but it is good news for the taxman. HMRC generates billions of ... Continue reading

Chris Snowdon appears on Newsnight

Chris Snowdon, Head of Lifestyle Economics at the Institute of Economic Affairs has appeared on BBC Newsnight to discuss the health of young adults in the north of England. In the interview Chris argues that the spike in deaths among men living in the north of England under the age of 45 in the 1990s ... Continue reading

New IEA research features in City AM

New IEA research that finds the UK will be paying £23 billion in ‘sin taxes’ next year has featured in City AM. The article references the report's findings that the UK government will make a total of £24.7 billion from so-called "sin taxes" by 2018, more than offsetting the cost smokers, drinkers and the obese ... Continue reading
Lifestyle Economics

New IEA research features in The Telegraph

New IEA research that finds the UK will be paying £23 billion in ‘sin taxes’ next year has featured in The Telegraph. The article quotes the report's calculations that smoking is worth almost £15 billion to the public purse because of the tax revenue and the savings from smokers' early deaths. The cost of smoking ... Continue reading
In these uncertain economic times, there is no better way for a lobbyist to get politicians' attention than by promising to save taxpayers billions of pounds. 'Public health' campaigners have long claimed that unhealthy lifestyles are a burden on the state, and their cost estimates seem to rise every year. The temperance lobby currently claims ... Continue reading
Research

UK will pay almost £25 billion in 'sin taxes' next year

Summary:  This discussion paper provides the first estimate of the net effect of smoking on UK taxpayers per annum. Up until now, estimates have used a methodology that typically includes intangible costs, including costs to smokers themselves, while ignoring tangible savings to the state and tax revenues from tobacco duty. We estimate a net saving ... Continue reading

New IEA report first of its kind to measure net effect of smoking on the taxpayer in the UK

With the forthcoming sugar levy expected to raise £500 million per year, the government’s revenues from sin taxes will now total £24.7 billion by 2018. Contrary to popular belief, the three most censured ‘lifestyle factors’ – alcohol, smoking and obesity – do not cost the taxpayer money. The punitive taxes levied on them more than ... Continue reading

New IEA research features in The Sun on Sunday

New IEA research that finds the UK will be paying £23 billion in 'sin taxes' next year has featured in The Sun on Sunday. The article quotes the reports findings that alcohol, smoking and obesity taken together provide savings for The Treasury. Smoking provides a net benefit to the public purse to the tune of ... Continue reading

Chris Snowdon writes for CapX

Chris Snowdon, Head of Lifestyle Economics at the Institute of Economic Affairs has written for CapX on alcohol-related deaths. In his article Chris argues that contrary to the claims of the health lobby, alcohol-related deaths have been declining in recent years. Furthermore he argues their assertion that the introduction of minimum alcohol pricing would dramatically ... Continue reading

Chris Snowdon comments in the Mail on Sunday

Chris Snowdon, Head of Lifestyle Economics at the Institute of Economic Affairs has commented in the Mail on Sunday following the news of plans to grade full contents of basket or trolley for calories, sugar, fat, saturated fat and salt and then print them on receipts. In the article Chris described the proposal as hectoring ... Continue reading