What is the UK Emissions Trading Scheme (UK ETS)? Let’s start with the basics. The UK Emissions Trading Scheme (UK ETS) is designed to encourage a reduction in C02 produced by both large industry and ...

Chancellor Reeves tries to justify new taxes on farmers and others by insisting they will fund the NHS. So, once again, government throws huge sums at the NHS, without the necessary reforms both to ...

The IEA is an educational charity in the classical liberal tradition, whose mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role ...

The Government’s own impact assessment for its employment rights legislation estimates that the measures could cost businesses up to £5 billion annually. To start, this is a substantial amount. Past ...

Each year, the Government publishes international energy price comparisons. The data is sourced from the IEA and covers industrial and domestic gas and electricity prices. The latest data for 2023 was ...

Karl Marx’s influence among intellectual elites underwent a massive rebound in recent years. In 2018, mainstream publications including the New York Times, the Economist, and the Financial Times ran ...

The story of the British economy since 2008 has been one of near-stagnation. For a number of reasons, GDP growth in recent years has been nowhere near as strong as it could have been. But there are a ...

Earlier this month, the IEA published the briefing paper Rent Control: Does it work? by Dr Konstantin Kholodolin from the German Institute for Economic Research (DIW). Dr Kholodolin can be reasonably ...

What is ‘foreign aid’? Peacekeeping missions in Mali, arms for Ukraine, and hurricane relief for Caribbean islands – these are three recent examples of UK ‘aid’ that do not qualify as such in terms of ...

The overview highlights the academic consensus on harmful consequences. Most studies (56 out of 65) find that rent controls succeed in lowering rents for controlled units, as intended. However, 14 out ...

Colonialism and the slave trade were, at best, minor factors in Britain’s prosperity and may have been net lossmakers. An increasingly prominent anti-capitalist narrative claims that empire and ...

“This is a deeply cynical cash grab from the Chancellor. Forget sin taxes, this is a saint tax. Vapers did what the government wanted and gave up smoking. They are now being punished for it. “This is ...