Uncosted Red Tape Pledges Risk Push for Growth
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IEA research referenced in The Telegraph
The article, written by former IEA Director of Communications Annabel Denham, said:
“According to the Institute of Economic Affairs, Labour proposed 63 new regulations in its manifesto, with plans to cut just 13. It will ban fracking, smoking, zero hours contracts, trail hunting. It will introduce rights from day one to parental leave, sick pay and protection from unfair dismissal. There will be bans on leasehold flats and new oil and gas exploration.
“All regulation comes at a cost – and this won’t solely be borne by wealthy shareholders as the Left often likes to pretend. It hinders innovation, damages economic growth, and disproportionately affects lower-income households. It leads to lower wages for workers and higher prices for consumers.”
Read the full article here.
Read a full copy of Shadow Expenses: Uncosted Regulatory Burdens in Election Manifestos.