Mark Littlewood, IEA Director General, has written for The Times on the damaging effect that poorly costed regulation, such as the upcoming Online Safety Bill, can have on our economy.

“no quantitative attempt has been made to calculate whether the digital economy might contract as part of the online safety drive — were it to do so, this would impact jobs, salaries and company profits — as well as diminishing the revenues payable to the exchequer.”

“if the costs of introducing regulations nearly always tend to be understated, then we can be confident that the benefits of repealing them will be greater than most politicians and civil servants tend to believe.”

Read the full article here.