Kate Andrews for BBC 5 Live on whether to trust the Labour party with the economy

Kate Andrews, Head of Communications at the Adam Smith Institute, took part in a debate for BBC 5 Live this morning on whether or not the new Labour leadership should be given a chance with the UK economy. In this heated debate she argues against trusting them, and discusses issues such as housing, tax evasion and austerity measures.

Listen to the full interview here.  (starts 07:00)


Sam Bowman’s comments on fossil fuels feature in City AM

Deputy Director at the Adam Smith Institute, Sam Bowman, has featured in City AM for his opinion on fossil fuel divestment.

“Divestment is deeply misguided. At best, it has no effect on share prices. At worst, it transfers wealth to less scrupulous investors who benefit by paying less for oil stocks,” Sam Bowman, deputy director at free market think tank the Adam Smith Institute, told City A.M.

ASI report “The Green Noose” features in The Times

ASI report The Green Noose: An analysis of Green Belts and proposals for reform has featured in in The Times:

The problem of house price inflation could be transformed tomorrow if a small proportion of the land that surrounds our major cities was released for housebuilding. The Adam Smith Institute estimates that reclassifying just 1.5 per cent of the nation’s green belt would be enough to build 1.4 million new homes.

Read the full article here.

The ASI report, The Green Noose: An analysis of Green Belts and proposals for reform, looks at the Green Belt’s impact on England’s housing shortage. After a comprehensive review of the causes of the housing crisis, it concludes that the planning structure is out of date and in need of radical reform.

New ASI paper “Utility Gains” features in the Daily Mail and the Express

The latest ASI paper  “Utility Gains: Assessing the Record of Britain’s Privatized Utilities”, was featured in both the Daily Mail and the Express this morning, in articles covering the expansion of BT and Corbyn’s plans to nationalise the railways, respectively.

From the Express:

Increased threats of strikes, less reliable services and monstrous inefficiencies are just some of the crippling implications to a Government-run railway, according to top economist Dr Eamonn Butler.

In a report for for independent thinktank The Adam Smith Institute, Dr Butler says the new Labour leader’s plans to bring back British Rail are ‘dismal’ and would cause the network to stagnate.

Read the article here.

And from the Daily Mail:

Privatisation may not have been perfect but it is infinitely better than the heavy handed state control advocated by Jeremy Corbyn and his acolytes.

Nevertheless, the findings of a study by the laissez-faire Adam Smith Institute should be a must-read, not just for the Shadow Cabinet, but also some of the privatised utilities which still behave like monopolists.

As a private company BT has been far more adventurous and innovative that it could ever have been in the public sector. But it still acts as if it has the God-given right to be Britain’s dominant telecoms company.

Read the full article here.

A new Adam Smith Institute paper, “Utility Gains: Assessing the Record of Britain’s Privatized Utilities” assesses the various utility sales of telecoms, gas, water and electricity companies during the 1980’s and 1990’s and looks at how government, shareholders and customers fared since the privatisation process.

Click here to access the full press release.

Ben Southwood for BBC 5 Live discussing renationalisation of the railways

Ben Southwood, Head of Research at the Adam Smith Institute, spoke to BBC Five about the potential drawbacks of renationalising the railways in Britain. He argues that train usage has increased profoundly since privatisation occurred, and that other forms of transport are providing adequate competition for the sector.

Listen to the full interview here. (Starts 01:15:00)