Commenting on Prime Minister David Cameron's promised "all-out mission" to revive the economy, Dr Richard Wellings, Deputy Editorial Director at the Institute of Economic Affairs, said:
"Applauding investment by the private sector in these difficult economic times is all very well but the government needs to do much more to remove the barriers to growth. Less restricted labour markets, simpler tax rules and fewer planning controls should be at the heart of the government’s agenda.
“The Prime Minister's rhetoric stressing the importance of confronting our debts and promoting trade liberalisation is welcome. However, we desperately need radical action. Deregulation is the key to a robust economic recovery."
To arrange an interview with Dr Richard Wellings, IEA Deputy Editorial Director, please contact Ruth Porter, Communications Director, 077 5171 7781, 020 7799 8900, firstname.lastname@example.org .
Notes to editors
The mission of the Institute of Economic Affairs is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems.
The IEA is a registered educational charity and independent of all political parties.