Matthew Lesh, IEA Head of Public Policy, has written for City AM commenting on the Subsidies Control Bill and the detrimental impact it will have on the transparency of subsidies.

Matthew argues that the Bill “will make it harder to identify, scrutinise and contest subsidies.”  

“It’s a no-brainer to require disclosure of all subsidies. In the first instance, the public are entitled to know how their money is being spent by public authorities. Transparency also encourages public authorities to follow subsidy rules, allow businesses to challenge distortive subsidies, and increase our ability to assess the efficiency of public spending. It also helps identify cases of rent seeking and corruption.”

Read the full article here.