The Institute of Economic Affairs is delighted to announce the final six candidates for the IEA Brexit Prize. The Rt Hon Lord Lawson will be awarding the €100,000 prize to the winning entry outlining a blueprint for Britain after the EU on 8 April.
Cash prizes will be awarded to the first, second and third best entries, as judged by the competition’s final judging panel. First prize is €100,000, second prize is €10,000 and third prize is €5,000. There will be a special prize of €5,000 for the best entry from an individual aged 30 or under. The winning entries will be published by the IEA. Judges-decisions are final.
· Rory Broomfield and Iain Murray
· Prof Stephen Bush
· Ben Clements
· Tim Hewish
· Iain Mansfield
· Daniel Pycock
Commenting on the release of the final shortlist, Mark Littlewood, Director General at the Institute of Economic Affairs, said:
“The Brexit prize is an essential and timely contribution as we sit at a crossroads regarding our future relationship with both the EU and the rest of the world. Rather than focusing on the pluses and minuses of membership, we urgently need to address how the UK should arrange its affairs if a referendum triggered a Brexit. These final six entries will be key in providing the much needed intellectual backdrop for this.”
· Nigel Lawson (Chairman), The Rt Hon Lord Lawson of Blaby, former Chancellor of the Exchequer
· David Starkey, British constitutional historian and a Fellow of the Society of Antiquaries of London
· Prof. Philip Booth (Facilitator), Institute of Economic Affairs and Cass Business School
· Roger Bootle, founder of Capital Economics, a Specialist Adviser to the House of Commons Treasury Committee and an Honorary Fellow of the Institute of Actuaries. (Advisor and non-voting member)
· Tim Frost, a governor of the LSE and director of Markit and Cairn Capital
· Gisela Stuart, MP for Birmingham Edgbaston and editor of The House Magazine
· Prof. Martin Ricketts, Professor of Economic Organisation at the University of Buckingham
· Dr. Stephen Davies, Institute of Economic Affairs
Notes to editors:
1. For media enquiries about the IEA Brexit Prize, please contact Stephanie Lis, Head of Communications, on 020 7799 8909 or 07766 221 268.
2. The Brexit Prize will be awarded by the Rt Hon Lord Lawson at a ceremony in central London on Tuesday 8 April 2014, 6.30pm – 8.30pm. For more information, please contact Stephanie Lis, as above.
3. The IEA believes that we need to give serious consideration to how the UK could have a free and prosperous economy outside the EU, given that exit is a serious possibility after the next election.
Entrants were asked to imagine a referendum has resulted in an “Out” vote and Her Majesty’s Government has triggered Article 50 of the Lisbon Treaty. Against this background, they were invited to compose a Blueprint for Britain outside the EU, covering the process of withdrawal and the post-exit repositioning of the UK in the global trading and governance systems.
Initial submissions were around 2,000 words in length. The competition’s judging panel then invited authors of the 17 shortlisted entries to make full submissions of between 10,000 and 20,000 words.
In total 149 entries were received. 100 of these were from submitters based in the UK and 49 of them from other countries, including: the USA, France, Germany, Greece, Ireland, The Netherlands, Ukraine, Nigeria, Hungary, Zambia, Latvia, Austria, India, Norway, Zimbabwe, Denmark, Belgium, Russia and The Philippines. We received 35 entries from under-31s. The youngest entrant was 15-year-old Kieran Bailey.
For more detailed information about the remit please visit www.iea.org.uk/brexit .
4. Biographies of the shortlisted applicants
Rory Broomfield and Iain Murray
Rory Broomfield is Director of The Freedom Association and Director of the Better Off Out campaign. Rory has worked for a number of prominent Conservative Members of Parliament and several small businesses. He is also a former Director and Board Member of the United Nations Association in the UK (UNA-UK) and holds a First Cla