Commenting on the likely economic impact of coronavirus, IEA Economics Fellow Julian Jessop predicts that the contraction in the UK … Continue reading “Economic downturn “will be like a handbrake turn, rather than a slow-motion car crash””

Even if not a technical recession (two quarters of negative growth), a severe coronavirus-induced downturn looks certain across major economies. … Continue reading “Coronomics: the case against “Corona Keynesianism””

Extraordinary times require extraordinary policy responses, writes IEA Economics Fellow Julian Jessop for CapX. While the usual objections to a … Continue reading “Case for ‘temporary’ UBI strengthen by the pandemic, says IEA fellow”

Responding to the Chancellor’s plans to increase public spending and borrowing, the IEA’s Director General Mark Littlewood warned that the … Continue reading “Chancellor “seems to think the only best way to boost growth is through public spending””

The Chancellor claimed in his Budget speech to have received unprecedented backing from the independent Office for Budget Responsibility (OBR) … Continue reading “The Budget “could have been far worse””

Mark Littlewood, Director General of the Institute of Economic Affairs, said: “Economists have long been predicting an economic downturn, but … Continue reading “IEA responds to the Budget”

Should the chancellor bend the fiscal rules to increase spending in his first Budget? In a debate column for City … Continue reading “Loosening the fiscal rules any further could backfire”

The government is floating the possibility of abolishing entrepreneurs’ relief in this week’s Budget. In my view that’s putting the … Continue reading “Abolish entrepreneurs’ relief – but not in isolation”

A persistent budget deficit, sluggish growth and a substantial array of spending commitments mean that we are unlikely to see … Continue reading “Chancellor should start to remove red tape”