The UK debt to income ratio is currently around 100 per cent and set to rise further. However, national debt figures need to be put in historical perspective. … Continue reading “No need for “emergency measures” to manage national debt, says new research”

IEA Senior Academic Fellow Prof. Philip Booth was quoted in The Telegraph commenting on Joe Biden’s plan to double Capital … Continue reading “Capital Gains Tax a “double tax””

At its April 2021 meeting, once again by video conferencing, the Shadow Monetary Policy (SMPC) voted by seven votes to … Continue reading “Shadow Monetary Policy Committee votes seven votes to two to hold Bank Rate in May”

The Daily Mail reports that the Pound has hit its highest level against the Euro for almost four years, due … Continue reading “Pound soars as UK economy performs better than expected”

Responding to the latest GDP data from the Office for National Statistics, Julian Jessop, Economics Fellow at the free market … Continue reading “UK economy will likely bounce back “more strongly than many expect,” says IEA expert”

Responding to the latest public sector borrowing data from the Office for National Statistics, IEA Director General Mark Littlewood said: … Continue reading “Public finances in a “truly dire state” in the long term, says IEA Director General”

The Telegraph suggests that Rishi Sunak could avoid tax hikes announced in the Spring Budget if the UK economy recovers … Continue reading “Tax hikes could be avoided with a stronger economy”

It has been reported that wealth taxes, including inheritance tax and capital gains tax, will cost households nearly £90billion over … Continue reading “Chancellor should steer clear of wealth taxes”

Earlier this week, I ended a presentation to sixth-formers by commenting that nobody would want to be Rishi Sunak. Of … Continue reading “No salvation in fiscal policy”