The Coalition has failed to reduce the size of the state

Conservative Home profiles IEA's response to the growth forecast

The IEA and other think tanks have been calling for - to little avail - tax cuts and labour market liberalisations to help spur growth. Perhaps the "Economic Regeneration Bill" drawn up by Downing Street to replace Lords reform, which will be designed to relax planning regulations, will go some way to satisfying the IEA's de-regulation concerns - but there are still no plans to cut taxes or outline a comprehensive growth agenda in a way that would make the centre-right think-tank world happy. 

Read the article here.

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