The Labour Party and LibDems are continuing to push hard for a ‘one-off’ windfall tax on the profits of North Sea oil and gas companies. These businesses are indeed likely to make more money than even they had expected, thanks to the surge in global energy prices. The European Commission has also supported the idea … Continue reading Why Sunak is (still) right to reject a windfall tax on energy companies
Here are the slides from a presentation on climate change I gave to 14- to 16-year-olds on Saturday 25th September as part of an event run by Bubble Bubble, in partnership with the Royal Economic Society’s ‘Discover Economics’ campaign… how-can-economists-help-to-tackle-climate-change-sep-2021Download You can find more about 'Bubble Bubble' here... Economics for teens | Bubble Bubble | … Continue reading How can economists help to tackle climate change?
The Government is delivering on another Brexit pledge. Kwasi Kwarteng’s Department for Business, Energy and Industrial Strategy has unveiled a new subsidy framework which takes back control from Brussels. The UK will break free from the EU’s bureaucratic state aid regime, allowing our government to provide quicker and more flexible support to UK businesses. That, at … Continue reading State aid remains a slippery slope
The UK government promotes international trade under the banner ‘Exporting is GREAT’. This is laudable, but the economic benefits of free trade come mainly from what countries import, rather than from what they sell overseas. This is the main message from a paper I wrote recently for the Institute of Economic Affairs. Of course, it is not … Continue reading Importing is “GREAT”, too