IEA Featured Media Posts

In his bi-weekly column for The Times, IEA Director General Mark Littlewood warned that the era of low-inflation was coming to an end, referencing the 'sheer scale' of money production during the last year. Mark argued: "The entire UK quantitative easing programme has so far amounted to £872 billion, more than half of this money ... Continue reading

IEA Head of Lifestyle Economics Christopher Snowdon was quoted in The Sun, commenting on the latest figures which suggest a sharp rise in inflation. Christopher warned "We have all the ingredients for a bout of inflation", adding: "The only question is whether it will be short and sharp or if it will become a chronic ... Continue reading

The Shadow Monetary Policy Committee has written a letter to the editor of the Financial Times, expressing their concern at the quantity of money in the UK economy- warning the Bank of England about the risks of increasing inflation. The Committee wrote: "We fear that inflation above 5 per cent is likely at some point ... Continue reading

Julian Jessop, IEA Economics Fellow, was quoted in The Telegraph discussing the effects of interest rates on the UK's ability to service its debts and the impact of rate rises on the UK economy more generally. Read Julian Jessop's comments here.... Continue reading

In a Bloomberg article warning that the UK economy is heading towards a double dip recession, analysis by IEA Economics Fellow Julian Jessop was included suggesting the lockdown could cost the economy £18 billion a month- the equivalent of 18% of gross domestic product. Read the full article here.... Continue reading

Responding to the news of another national lockdown, the IEA's Economics Fellow Julian Jessop calculated the potential cost of the measures on the UK economy. His analysis, predicting a 'six-week lockdown would cost the UK economy a whopping £27 billion', was featured in The Sun. Read the full article here.... Continue reading

In a column for The Times by economics editor of The Sunday Times, David Smith cites IEA research estimating that the black economy amounts to between 9 and 12 percent of GDP, or roughly £200bn. This, David argues, accounts for much of the reported £50 billion of "missing" banknotes. Read the full article here.... Continue reading