Four tax reforms will take effect in April 2025. Using the PolicyEngine UK tax-benefit microsimulation model, we analysed these reforms, which will increase taxes by an average of £1,112 per household ...

Responding to a new report by Action on Smoking and Health, Dr Christopher Snowdon, Head of Lifestyle Economics at the free market think tank the Institute of Economic Affairs, said: “This is more ...

Inflation targeting fails to distinguish between demand and supply-side driven inflation, leading to suboptimal policy responses and delayed recovery from financial crises, such as the Covid-19 ...

“The Chancellor is right to cut spending rather than raise taxes again, and the cuts she has made are welcome. There is, nevertheless, a sense of unreality about all this. Policy is being determined ...

Reem Ibrahim, Communications Manager at the free market think tank the Institute of Economic Affairs, was quoted in The Times on the Government’s commitment to mandatory pay gap reporting measures.

“If the Government are serious about achieving economic growth and supporting businesses, they should scrap their misguided commitment to mandatory pay gap reporting. It will add yet more burdens on ...

“Imagine this scenario: you host a dinner party in your home aglow with candlelight and conversation. On a polished oak shelf sits a delicate Cisk lager-branded ash tray, collected from a recent trip ...

This article was first published on the Institute of Economic Affairs Substack. Official figures recently published by HMRC indicate a huge rise in illicit tobacco sales in the UK since 2021. The ...

Responding to Trump’s pause on aid to Ukraine, Adam Bartha, Director of International Outreach at the Institute of Economic Affairs, and EPICENTER said: “Trump’s first weeks of his second term have ...

Responding to the increase in the energy price cap, Andy Mayer, Energy Analyst at the Institute of Economic Affairs said: “It is well understood that when international wholesale energy prices rise so ...

There is no “British DOGE”, but the idea of slashing government bureaucracy seems to be in vogue all of a sudden. With their latest announcement to radically slim down, or possibly even abolish NHS ...

Mancur Olson explained in The Logic of Collective Action (1965) that the free rider problem and the paradox of participation discourage rational consumers from taking collective action to oppose ...