IEA Featured Tax and Fiscal Policy

Although the budget is intended to be an annual set piece, thinking in terms of a timeframe of a single year would be "a nonsensical way for the chancellor to navigate the choppy waters he faces", writes IEA Director General Mark Littlewood. In his biweekly column for The Times, Mark argues that the Chancellor must ... Continue reading

Sir Keir Starmer delivered a key speech earlier this week outlining his plans for Britain if Labour were in power.  The speech called for  the state to play a more active role in the UK economy. Mark Littlewood, Director General of the IEA, swiftly condemned Labour's plans as "disappointing". Littlewood argued: "A strong economic recovery ... Continue reading

Sir Keir Starmer has called for the establishment of a UK recovery bond to help raise money to invest in public services and communities across Britain. Responding to the Labour's policy announcement in City AM, IEA Economics Fellow Julian Jessop said he struggled to see the point of a recovery bond arguing: "People can already ... Continue reading

Calls for the government to implement a wealth tax have grown in recent times with proponents arguing that a tax on the wealthiest will act as a silver bullet to the nations dire economic situation. IEA Director of Communications Annabel Denham penned a piece for CapX saying that: "punitive levies on the rich can be ... Continue reading

The Institute of Fiscal Studies has urged the Chancellor Rishi Sunak not to increase taxes in the forthcoming Spring Budget. However, IEA Director General Mark Littlewood went further by suggesting the government should give "British businesses assurances that tax hikes are not inevitable in the longer term". Mark Littlewood made the case that the UK ... Continue reading

On the 3rd March the Chancellor Rishi Sunak will deliver the Spring Budget. With the nations finances in a dire state, many are waiting with bated breath to see whether Rishi Sunak will turn on the spending taps or roll back government spending. Ahead of the Budget, Julian Jessop, Economics Fellow at the IEA, told ... Continue reading