Institute of Economic Affairs

Neoliberal think-tank

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2023 Linda Edwards becomes the latest Chairman of the Board of Trustees, taking over from Neil Record and continuing the Institute's leadership legacy.
December 2023 Who Funds You? updated the IEA's transparency rating from E to D.
December 2023 Mark Littlewood stands down as the IEA's Director General and is replaced by Tom Clougherty, who takes the title of Executive Director.
November 2022 The funding transparency website Who Funds You? rated the IEA as E, the lowest transparency rating.
September 2022 An associated think tank, the Free Market Forum, is founded.
August 2021 Ofcom rejected the IEA's complaint about James O'Brien's remarks, which the organization had claimed were inaccurate and unfair.
March 31 2021 The Charity Commission listed the IEA's total income as £2.34 million and expenditure as £2.33 million for the financial year ending on this date.
2019 James O'Brien criticized the Institute of Economic Affairs (IEA) on LBC national radio station, describing it as a politically motivated lobbying organization funded by 'dark money' with questionable credibility.
June 2019 The Charity Commission withdrew its official warning after the IEA's compliance with its guidance.
May 2019 The British Medical Journal revealed that British American Tobacco was continuing to fund the IEA.
February 2019 The Charity Commission issued an official warning to the IEA and required trustees to provide written assurances about avoiding political activity.
November 19 2018 The IEA removed a Brexit report from its website as requested by the Charity Commission.
October 2018 A Greenpeace investigation revealed that the IEA was receiving funding from BP, with the oil giant using this access to influence ministers on environmental, safety, and tax issues.
July 29 2018 The Observer reported an undercover recording of IEA director Mark Littlewood discussing potential donor influence on the organization's reports and Brexit influencing efforts.
July 20 2018 The Charity Commission opened a regulatory compliance case into the IEA due to concerns about its political independence.
March 2018 The IEA launched Freer, an offshoot organization to promote liberal, supply-side Conservative renewal.
2015 Neil Record succeeds Professor D.R. Myddelton as Chairman of the Board of Trustees of the Institute of Economic Affairs.
2015 Transparify ranked the IEA as one of the top three least transparent think tanks in the UK in relation to funding.
2014 IEA Research Fellow Christopher Snowdon disclosed alcohol industry funding in a response to a British Medical Journal article.
2013 British American Tobacco (BAT) donated £40,000 to the Institute of Economic Affairs (IEA).
2012 British American Tobacco (BAT) donated £20,000 to the Institute of Economic Affairs (IEA).
2011 British American Tobacco (BAT) donated £10,000 to the Institute of Economic Affairs (IEA).

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