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The '''Institute of Economic Affairs''' ('''IEA''') is a UK-based free-market [[think tank]] and educational charity.[{{cite report |title=The Institute of Economic Affairs Ltd |url=https://register-of-charities.charitycommission.gov.uk/charity-details/?regid=235351&subid=0|publisher=[[Charity Commission for England and Wales]] }}] It has been described by academics and media sources as [[right-wing]], neoliberal, and associated with the [[New Right#United Kingdom|New Right]],[{{cite book |last1=Denham |first1=Andrew |title=Think-Tanks of the New Right |date=1996 |publisher=[[Routledge|Dartmouth]] |location=Aldershot/Brookfield |isbn=978-1-85521-868-0 |pages=1–7 ''[[List of Latin phrases (E)#et passim|et passim]]''}}][{{cite book |last1=Stone |first1=Diane |title=Capturing the Political Imagination: Think Tanks and the Policy Process |date=1997 |author-link=Diane Stone |publisher=[[Routledge]] |location=London |isbn=978-0-7146-4716-6 |page=22 |edition=1st |url=https://www.routledge.com/Capturing-the-Political-Imagination-Think-Tanks-and-the-Policy-Process/Stone/p/book/9780714642635 |access-date=15 October 2020 |archive-date=17 October 2020 |archive-url=https://web.archive.org/web/20201017065248/https://www.routledge.com/Capturing-the-Political-Imagination-Think-Tanks-and-the-Policy-Process/Stone/p/book/9780714642635 |url-status=live }}] the IEA says that it seeks to "further the dissemination of free-market thinking" by "analysing and expounding the role of markets in solving economic and social problems".[{{cite web |url=https://iea.org.uk/about-us |title=About Us |website=Institute of Economic Affairs |access-date=20 September 2020 |archive-date=21 February 2019 |archive-url=https://web.archive.org/web/20190221112026/https://iea.org.uk/about-us |url-status=live }}][{{cite web |url=https://iea.org.uk/what-we-do/ |title=What We Do |website=Institute of Economic Affairs |access-date=20 February 2019 |archive-date=17 December 2018 |archive-url=https://web.archive.org/web/20181217103617/https://iea.org.uk/what-we-do/ |url-status=live }}] |
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The '''Institute of Economic Affairs''' ('''IEA''') is a UK-based free-market [[think tank]] and educational charity.[{{cite report |title=The Institute of Economic Affairs Ltd |url=https://register-of-charities.charitycommission.gov.uk/charity-details/?regid=235351&subid=0|publisher=[[Charity Commission for England and Wales]] }}] It has been described by academics and media sources as [[right-wing]], neoliberal, and associated with the [[New Right#United Kingdom|New Right]],[{{cite book |last1=Denham |first1=Andrew |title=Think-Tanks of the New Right |date=1996 |publisher=[[Routledge|Dartmouth]] |location=Aldershot/Brookfield |isbn=978-1-85521-868-0 |pages=1–7 ''[[List of Latin phrases (E)#et passim|et passim]]''}}][{{cite book |last1=Stone |first1=Diane |title=Capturing the Political Imagination: Think Tanks and the Policy Process |date=1997 |author-link=Diane Stone |publisher=[[Routledge]] |location=London |isbn=978-0-7146-4716-6 |page=22 |edition=1st |url=https://www.routledge.com/Capturing-the-Political-Imagination-Think-Tanks-and-the-Policy-Process/Stone/p/book/9780714642635 |access-date=15 October 2020 |archive-date=17 October 2020 |archive-url=https://web.archive.org/web/20201017065248/https://www.routledge.com/Capturing-the-Political-Imagination-Think-Tanks-and-the-Policy-Process/Stone/p/book/9780714642635 |url-status=live }}] the IEA says that it seeks to "further the dissemination of free-market thinking" by "analysing and expounding the role of markets in solving economic and social problems".[{{cite web |url=https://iea.org.uk/about-us |title=About Us |website=Institute of Economic Affairs |access-date=20 September 2020 |archive-date=21 February 2019 |archive-url=https://web.archive.org/web/20190221112026/https://iea.org.uk/about-us |url-status=live }}][{{cite web |url=https://iea.org.uk/what-we-do/ |title=What We Do |website=Institute of Economic Affairs |access-date=20 February 2019 |archive-date=17 December 2018 |archive-url=https://web.archive.org/web/20181217103617/https://iea.org.uk/what-we-do/ |url-status=live }}] |
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Founded by businessman [[Antony Fisher]] in 1955,[{{cite news |last1=Ahmed |first1=Nafeez |title='The Dark Heart of Trussonomics: The Mainstreaming of Libertarian Theories of Social Darwinism and Apartheid' |url=https://bylinetimes.com/2022/10/10/the-dark-heart-of-trussonomics-the-mainstreaming-of-libertarian-theories-of-social-darwinism-and-apartheid/ |access-date=12 October 2022 |work=Byline Times |date=10 October 2022 |quote=A year later, the Institute of Economic Affairs (IEA) – founded in 1955, originally based in Westminster's Tufton Street, a driving force of Thatcherism |archive-date=24 September 2024 |archive-url=https://web.archive.org/web/20240924024559/https://bylinetimes.com/2022/10/10/the-dark-heart-of-trussonomics-the-mainstreaming-of-libertarian-theories-of-social-darwinism-and-apartheid/ |url-status=live }}] the IEA was one of the first modern think tanks,[ and was influential in developing and disseminating ideas associated with [[Thatcherite|Thatcherism]], including [[free market]] and [[Monetarism|monetarist]] policies.][{{cite journal |last1=Hafer |first1=R.W. |title=Monetarist Economics [Review] |journal=Southern Economic Journal |date=April 1992 |volume=58 |issue=4 |publisher=[[Wiley-Blackwell]] |page=1131 |doi=10.2307/1060253|jstor=1060253 }}] It published material challenging mainstream climate science and climate policy in the 1990s and 2000; critics have described some of this as [[climate change denial]], a label the IEA rejects. It has advocated for [[privatisation]] of, and abolition of complete government control of, the [[National Health Service]] (NHS), in favour of a healthcare system with market mechanisms.[{{cite web|url=https://iea.org.uk/publications/universal-healthcare-without-the-nhs/|title=Universal healthcare without the NHS|website=Institute of Economic Affairs|date=14 December 2016|author=Kristian Niemietz|access-date=7 July 2021|archive-date=9 July 2021|archive-url=https://web.archive.org/web/20210709184810/https://iea.org.uk/publications/universal-healthcare-without-the-nhs/|url-status=live}}][>{{Cite ]news |title=Matt Hancock took cash from chairman of 'anti-NHS' Institute of Economic Affairs |last1=Courea |first1=Eleni |newspaper=[[The Times]] |date=10 February 2021 |url=https://www.thetimes.com/uk/healthcare/article/matt-hancock-took-cash-from-anti-nhs-institute-of-economic-affairs-z2lms76t5 |url-access=subscription |access-date=7 July 2021 |archive-date=9 July 2021 |archive-url=https://web.archive.org/web/20210709203519/https://www.thetimes.co.uk/article/matt-hancock-took-cash-from-anti-nhs-institute-of-economic-affairs-z2lms76t5 |url-status=live }}</ref>[{{Cite news|url=https://www.theguardian.com/environment/2019/oct/10/thinktank-climate-science-institute-economic-affairs|title=Revealed: top UK thinktank spent decades undermining climate science|last1=Pegg|first1=David|date=10 October 2019|work=The Guardian|access-date=10 October 2019|last2=Evans|first2=Rob|language=en-GB|issn=0261-3077|archive-date=24 September 2024|archive-url=https://web.archive.org/web/20240924024655/https://www.theguardian.com/environment/2019/oct/10/thinktank-climate-science-institute-economic-affairs|url-status=live}}] In 2018, an undercover investigation recorded the IEA's then-director discussing donor access to ministers and influence over report content, prompting [[Charity Commission]] scrutiny.[{{Cite news |last=Booth |first=Robert |date=2018-07-30 |title=Rightwing UK thinktank 'offered ministerial access' to potential US donors |url=https://www.theguardian.com/politics/2018/jul/29/rightwing-thinktank-ministerial-access-potential-us-donors-insitute-of-economic-affairs-brexit |access-date=2026-04-18 |work=The Guardian |language=en-GB |issn=0261-3077}}] The Commission later withdrew a 2019 official warning after compliance,[{{Cite web |title=Official warning to Institute of Economic Affairs is withdrawn by Charity Commission |url=https://www.civilsociety.co.uk/news/charity-commission-withdraws-official-warning-to-institute-of-economic-affairs.html |access-date=2026-04-18 |website=www.civilsociety.co.uk}}] and a separate compliance case opened in May 2025 was closed in November 2025 with regulatory guidance.[{{Cite web |title=Regulator issues guidance to think tank and closes case |url=https://www.civilsociety.co.uk/news/regulator-issues-guidance-to-think-tank-and-closes-case.html |access-date=2026-04-18 |website=www.civilsociety.co.uk}}] |
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Founded by businessman [[Antony Fisher]] in 1955,[{{cite news |last1=Ahmed |first1=Nafeez |title='The Dark Heart of Trussonomics: The Mainstreaming of Libertarian Theories of Social Darwinism and Apartheid' |url=https://bylinetimes.com/2022/10/10/the-dark-heart-of-trussonomics-the-mainstreaming-of-libertarian-theories-of-social-darwinism-and-apartheid/ |access-date=12 October 2022 |work=Byline Times |date=10 October 2022 |quote=A year later, the Institute of Economic Affairs (IEA) – founded in 1955, originally based in Westminster's Tufton Street, a driving force of Thatcherism |archive-date=24 September 2024 |archive-url=https://web.archive.org/web/20240924024559/https://bylinetimes.com/2022/10/10/the-dark-heart-of-trussonomics-the-mainstreaming-of-libertarian-theories-of-social-darwinism-and-apartheid/ |url-status=live }}] the IEA was one of the first modern think tanks,[ and was influential in developing and disseminating ideas associated with [[Thatcherite|Thatcherism]], including [[free market]] and [[Monetarism|monetarist]] policies.][{{cite journal |last1=Hafer |first1=R.W. |title=Monetarist Economics [Review] |journal=Southern Economic Journal |date=April 1992 |volume=58 |issue=4 |publisher=[[Wiley-Blackwell]] |page=1131 |doi=10.2307/1060253|jstor=1060253 }}] It published material challenging mainstream climate science and climate policy in the 1990s and 2000; critics have described some of this as [[climate change denial]], a label the IEA rejects. It has advocated for [[privatisation]] of, and abolition of complete government control of, the [[National Health Service]] (NHS), in favour of a healthcare system with market mechanisms.[{{cite web|url=https://iea.org.uk/publications/universal-healthcare-without-the-nhs/|title=Universal healthcare without the NHS|website=Institute of Economic Affairs|date=14 December 2016|author=Kristian Niemietz|access-date=7 July 2021|archive-date=9 July 2021|archive-url=https://web.archive.org/web/20210709184810/https://iea.org.uk/publications/universal-healthcare-without-the-nhs/|url-status=live}}]["courea" />][{{Cite news|url=https://www.theguardian.com/environment/2019/oct/10/thinktank-climate-science-institute-economic-affairs|title=Revealed: top UK thinktank spent decades undermining climate science|last1=Pegg|first1=David|date=10 October 2019|work=The Guardian|access-date=10 October 2019|last2=Evans|first2=Rob|language=en-GB|issn=0261-3077|archive-date=24 September 2024|archive-url=https://web.archive.org/web/20240924024655/https://www.theguardian.com/environment/2019/oct/10/thinktank-climate-science-institute-economic-affairs|url-status=live}}] In 2018, an undercover investigation recorded the IEA's then-director discussing donor access to ministers and influence over report content, prompting [[Charity Commission]] scrutiny.[{{Cite news |last=Booth |first=Robert |date=2018-07-30 |title=Rightwing UK thinktank 'offered ministerial access' to potential US donors |url=https://www.theguardian.com/politics/2018/jul/29/rightwing-thinktank-ministerial-access-potential-us-donors-insitute-of-economic-affairs-brexit |access-date=2026-04-18 |work=The Guardian |language=en-GB |issn=0261-3077}}] The Commission later withdrew a 2019 official warning after compliance,[{{Cite web |title=Official warning to Institute of Economic Affairs is withdrawn by Charity Commission |url=https://www.civilsociety.co.uk/news/charity-commission-withdraws-official-warning-to-institute-of-economic-affairs.html |access-date=2026-04-18 |website=www.civilsociety.co.uk}}] and a separate compliance case opened in May 2025 was closed in November 2025 with regulatory guidance.[{{Cite web |title=Regulator issues guidance to think tank and closes case |url=https://www.civilsociety.co.uk/news/regulator-issues-guidance-to-think-tank-and-closes-case.html |access-date=2026-04-18 |website=www.civilsociety.co.uk}}] |
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The IEA is headquartered in [[Westminster]], London.[{{Cite web|url=https://www.desmog.com/institute-economic-affairs/|title=Institute of Economic Affairs|access-date=27 June 2021|archive-date=27 June 2021|archive-url=https://web.archive.org/web/20210627160959/https://www.desmog.com/institute-economic-affairs/|url-status=live}}] It subscribes to a [[neoliberal]] world view and advocates positions based on this ideology. The IEA has been criticised for operating in a manner closer to that of a [[lobbying]] operation than as a genuine think tank,[{{cite web|url=https://www.theguardian.com/politics/2018/nov/11/brexit-whistleblower-shahmir-sanni-taxpayers-alliance-concedes-it-launched-smears|title=TaxPayers' Alliance concedes it launched smears against Brexit whistleblower|last=Cadwalladr|first=Carole|date=11 November 2018|newspaper=The Observer|access-date=11 November 2018|archive-date=24 September 2024|archive-url=https://web.archive.org/web/20240924024656/https://www.theguardian.com/politics/2018/nov/11/brexit-whistleblower-shahmir-sanni-taxpayers-alliance-concedes-it-launched-smears|url-status=live}}] and for receiving some funding from tobacco companies whilst campaigning on tobacco industry issues. |
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The IEA is headquartered in [[Westminster]], London.[{{Cite web|url=https://www.desmog.com/institute-economic-affairs/|title=Institute of Economic Affairs|access-date=27 June 2021|archive-date=27 June 2021|archive-url=https://web.archive.org/web/20210627160959/https://www.desmog.com/institute-economic-affairs/|url-status=live}}] It subscribes to a [[neoliberal]] world view and advocates positions based on this ideology. The IEA has been criticised for operating in a manner closer to that of a [[lobbying]] operation than as a genuine think tank,[{{cite web|url=https://www.theguardian.com/politics/2018/nov/11/brexit-whistleblower-shahmir-sanni-taxpayers-alliance-concedes-it-launched-smears|title=TaxPayers' Alliance concedes it launched smears against Brexit whistleblower|last=Cadwalladr|first=Carole|date=11 November 2018|newspaper=The Observer|access-date=11 November 2018|archive-date=24 September 2024|archive-url=https://web.archive.org/web/20240924024656/https://www.theguardian.com/politics/2018/nov/11/brexit-whistleblower-shahmir-sanni-taxpayers-alliance-concedes-it-launched-smears|url-status=live}}] and for receiving some funding from tobacco companies whilst campaigning on tobacco industry issues. |
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Also in July 2018, it emerged that casino owners had donated £8,000 to the IEA after the IEA published a report calling for fewer restrictions on casino openings, and that an IEA report arguing that tax havens (such as Jersey) benefited the wider economy had been partially funded by a group representing financial interests in [[Jersey]]. The IEA stated that the funding it received never influenced the conclusions of reports, and that their output was independent and free from conflict of interest.[{{cite web |url=https://www.theguardian.com/uk-news/2018/jul/31/jersey-finance-paid-iea-to-trash-hotbeds-of-tax-evasion-claims |title=Jersey Finance paid for IEA report rubbishing 'hotbeds of tax evasion' claims |newspaper=The Guardian |author=Robert Booth and David Pegg |date=31 July 2018 |access-date=31 July 2018 |archive-date=24 September 2024 |archive-url=https://web.archive.org/web/20240924025105/https://www.theguardian.com/uk-news/2018/jul/31/jersey-finance-paid-iea-to-trash-hotbeds-of-tax-evasion-claims |url-status=live }}] |
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Also in July 2018, it emerged that casino owners had donated £8,000 to the IEA after the IEA published a report calling for fewer restrictions on casino openings, and that an IEA report arguing that tax havens (such as Jersey) benefited the wider economy had been partially funded by a group representing financial interests in [[Jersey]]. The IEA stated that the funding it received never influenced the conclusions of reports, and that their output was independent and free from conflict of interest.[{{cite web |url=https://www.theguardian.com/uk-news/2018/jul/31/jersey-finance-paid-iea-to-trash-hotbeds-of-tax-evasion-claims |title=Jersey Finance paid for IEA report rubbishing 'hotbeds of tax evasion' claims |newspaper=The Guardian |author=Robert Booth and David Pegg |date=31 July 2018 |access-date=31 July 2018 |archive-date=24 September 2024 |archive-url=https://web.archive.org/web/20240924025105/https://www.theguardian.com/uk-news/2018/jul/31/jersey-finance-paid-iea-to-trash-hotbeds-of-tax-evasion-claims |url-status=live }}] |
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In November 2018, the IEA removed a report on [[Brexit]] from its website after the Charity Commission said that it was "not sufficiently balanced and neutral".[{{cite web |title=Charity Commission tells think tank to delete Brexit report |last=Hargrave |first=Russell |website=ThirdSector.co.uk |date=3 December 2018 |url=https://www.thirdsector.co.uk/charity-commission-tells-think-tank-delete-brexit-report/governance/article/1520113 |access-date=30 April 2025 |archive-date=18 February 2019 |archive-url=https://web.archive.org/web/20190218081131/https://www.thirdsector.co.uk/charity-commission-tells-think-tank-delete-brexit-report/governance/article/1520113 |url-status=live }}][>{{cite ]news |last1=Cowburn |first1=Ashley|last2=Baynes|first2=Chris|title=Right-wing think tank Institute of Economic Affairs issued with formal warning after Brexit report 'breached charity law'|location=London |url=https://www.independent.co.uk/news/uk/politics/institute-economic-affairs-brexit-report-warning-charity-commission-a8764776.html |archive-url=https://web.archive.org/web/20190603054332/https://www.independent.co.uk/news/uk/politics/institute-economic-affairs-brexit-report-warning-charity-commission-a8764776.html |archive-date=3 June 2019 |url-status=live|work=[[The Independent]] |date=5 February 2019 |language=en|quote=The [Charity Commission]'s warning said the IEA 'was not sufficiently balanced and neutral, as required by law from charities with educational purposes', and also criticised the free-market think thank for only inviting speakers 'who held a particular set of views'}}</ref> In February 2019, the Commission issued an official warning to the IEA and instructed trustees to provide written assurances that the IEA would not engage in campaigning or political activity contravening legal or regulatory requirements.[{{cite web |title=Regulator issues warning to Institute of Economic Affairs over Brexit report |last=Ricketts |first=Andy |website=ThirdSector.co.uk |date=5 February 2019 |url=https://www.thirdsector.co.uk/regulator-issues-warning-institute-economic-affairs-brexit-report/governance/article/1524900 |access-date=17 July 2021 |archive-date=17 July 2021 |archive-url=https://web.archive.org/web/20210717132117/https://www.thirdsector.co.uk/regulator-issues-warning-institute-economic-affairs-brexit-report/governance/article/1524900 |url-status=live }}] IEA trustees were also required to implement a process to ensure that research reports and launch plans were signed off by trustees. Following the IEA's compliance, the Charity Commission withdrew the official warning in June 2019.[{{cite web |title=Official warning to Institute of Economic Affairs is withdrawn by Charity Commission |last=Weakley |first=Kirsty |website=civilsociety.co.uk – News |date=28 June 2019 |url=https://www.civilsociety.co.uk/news/charity-commission-withdraws-official-warning-to-institute-of-economic-affairs.html |access-date=17 July 2021 |archive-date=17 July 2021 |archive-url=https://web.archive.org/web/20210717100135/https://www.civilsociety.co.uk/news/charity-commission-withdraws-official-warning-to-institute-of-economic-affairs.html |url-status=live }}] |
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In November 2018, the IEA removed a report on [[Brexit]] from its website after the Charity Commission said that it was "not sufficiently balanced and neutral".[{{cite web |title=Charity Commission tells think tank to delete Brexit report |last=Hargrave |first=Russell |website=ThirdSector.co.uk |date=3 December 2018 |url=https://www.thirdsector.co.uk/charity-commission-tells-think-tank-delete-brexit-report/governance/article/1520113 |access-date=30 April 2025 |archive-date=18 February 2019 |archive-url=https://web.archive.org/web/20190218081131/https://www.thirdsector.co.uk/charity-commission-tells-think-tank-delete-brexit-report/governance/article/1520113 |url-status=live }}] In February 2019, the Commission issued an official warning to the IEA and instructed trustees to provide written assurances that the IEA would not engage in campaigning or political activity contravening legal or regulatory requirements.[{{cite web |title=Regulator issues warning to Institute of Economic Affairs over Brexit report |last=Ricketts |first=Andy |website=ThirdSector.co.uk |date=5 February 2019 |url=https://www.thirdsector.co.uk/regulator-issues-warning-institute-economic-affairs-brexit-report/governance/article/1524900 |access-date=17 July 2021 |archive-date=17 July 2021 |archive-url=https://web.archive.org/web/20210717132117/https://www.thirdsector.co.uk/regulator-issues-warning-institute-economic-affairs-brexit-report/governance/article/1524900 |url-status=live }}] IEA trustees were also required to implement a process to ensure that research reports and launch plans were signed off by trustees. Following the IEA's compliance, the Charity Commission withdrew the official warning in June 2019.[{{cite web |title=Official warning to Institute of Economic Affairs is withdrawn by Charity Commission |last=Weakley |first=Kirsty |website=civilsociety.co.uk – News |date=28 June 2019 |url=https://www.civilsociety.co.uk/news/charity-commission-withdraws-official-warning-to-institute-of-economic-affairs.html |access-date=17 July 2021 |archive-date=17 July 2021 |archive-url=https://web.archive.org/web/20210717100135/https://www.civilsociety.co.uk/news/charity-commission-withdraws-official-warning-to-institute-of-economic-affairs.html |url-status=live }}] |
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In October 2024, the Charity Commission agreed to review concerns raised about the IEA. It had initially, in March 2024, declined to investigate. A joint complaint by the [[Good Law Project]], four cross-party politicians and a former member of the Charity Commission board had suggested the IEA had breached charity law.[{{cite web | url=https://www.civilsociety.co.uk/news/commission-to-review-concerns-against-institute-of-economic-affairs-after-u-turn.html | title=Commission to review concerns against Institute of Economic Affairs after u-turn }}] The commission opened a compliance investigation in May 2025. It stated that it would examine trustee management of potential political bias, lack of transparency around funding, and policy positions that are potentially predetermined, and thus not in keeping with its stated educational purpose.[{{cite news |last1=Legraien |first1=Léa |title=Regulator Opens Compliance Case into Institute of Economic Affairs |url=https://www.civilsociety.co.uk/news/regulator-opens-compliance-case-into-institute-of-economic-affairs.html |work=Civil Society |date=28 May 2025}}][{{cite news |last1=Adewale |first1=Dami |title=Regulator opens case into think tank after internal review |url=https://www.thirdsector.co.uk/regulator-opens-case-think-tank-internal-review/governance/article/1919208|location=London|work=[[Third Sector (magazine)|Third Sector]] |publisher=Haymarket Group|date=23 May 2025 |language=en}}] In November 2025 the Charity Commission closed the case, saying that the Institute had had "a change of approach", "with a greater transparency and political neutrality". It also said the charity must now deliver on its plans and implement these changes. [{{Cite web|url=https://www.civilsociety.co.uk/news/regulator-issues-guidance-to-think-tank-and-closes-case.html|title=Regulator issues guidance to think tank and closes case|website=www.civilsociety.co.uk}}] |
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In October 2024, the Charity Commission agreed to review concerns raised about the IEA. It had initially, in March 2024, declined to investigate. A joint complaint by the [[Good Law Project]], four cross-party politicians and a former member of the Charity Commission board had suggested the IEA had breached charity law.[{{cite web | url=https://www.civilsociety.co.uk/news/commission-to-review-concerns-against-institute-of-economic-affairs-after-u-turn.html | title=Commission to review concerns against Institute of Economic Affairs after u-turn }}] The commission opened a compliance investigation in May 2025. It stated that it would examine trustee management of potential political bias, lack of transparency around funding, and policy positions that are potentially predetermined, and thus not in keeping with its stated educational purpose.[{{cite news |last1=Legraien |first1=Léa |title=Regulator Opens Compliance Case into Institute of Economic Affairs |url=https://www.civilsociety.co.uk/news/regulator-opens-compliance-case-into-institute-of-economic-affairs.html |work=Civil Society |date=28 May 2025}}][{{cite news |last1=Adewale |first1=Dami |title=Regulator opens case into think tank after internal review |url=https://www.thirdsector.co.uk/regulator-opens-case-think-tank-internal-review/governance/article/1919208|location=London|work=[[Third Sector (magazine)|Third Sector]] |publisher=Haymarket Group|date=23 May 2025 |language=en}}] In November 2025 the Charity Commission closed the case, saying that the Institute had had "a change of approach", "with a greater transparency and political neutrality". It also said the charity must now deliver on its plans and implement these changes. [{{Cite web|url=https://www.civilsociety.co.uk/news/regulator-issues-guidance-to-think-tank-and-closes-case.html|title=Regulator issues guidance to think tank and closes case|website=www.civilsociety.co.uk}}] |