Victoria Hewson

Victoria Hewson is Head of Regulatory Affairs at the Institute of Economic Affairs.

Articles

Brexit

Reforming the Protocol is essential – and it won’t make the UK a pariah state

The Foreign Secretary has announced legislation to allow the Government to override certain parts of the Northern Ireland Protocol that have been put into effect in national law. As I set out in my recent IEA briefing paper, the Protocol is costing NI and the UK as a whole hundreds of millions of pounds, and […]

Technology

Meta’s experience with the CMA is a warning sign about the perils of unchecked regulation

Social media giant Meta is appealing last year’s ruling by the CMA that its acquisition of GIF provider Giphy was anti-competitive and must be unwound. Before the ruling, Meta (then still known as Facebook) was fined £50m for failing to provide information to the regulator. Which makes it rather ironic that it emerged last week […]

Policy

The Government is going the wrong way on subsidies – but it’s not too late to change course

Extricating ourselves from the EU’s costly and bureaucratic state aid control regime was one good reason to support Brexit – but one not without risk. And as it stands, the Subsidy Control Bill may not be dealing with the risks, as outlined in my colleague Matthew Lesh’s briefing published this week. The EU state aid rules are, […]

Trade

This Valentines Day let’s enter an open trading relationship with as many countries as possible

New minister for Brexit opportunities Jacob Rees-Mogg asked last week for suggestions of EU rules to reform. While some may reasonably point out that we’ve had a few years to think about this now, there is of course no time like the present. Serendipitously, the publication of my latest paper on a radical, pro-free trade regulatory […]

Energy & Environment

After a disappointing COP, the UK’s green policies need an urgent rethink

Now that COP26 has ended in tears, is it possible that the government will review its strategy of having all of Britain’s climate policy eggs in the ‘global leadership’ basket? When the UK’s decarbonisation target was set into law with the Climate Change Act 2008 it was acknowledged that, as we account for a negligible […]

Politics

Delaying ‘freedom day’ shows the Government won’t give up its new powers without a fight

So 21 June will not, after all, see the great restoration of freedom that we had hoped for. But while restricted businesses and their potential customers will be rightly disappointed, Step 4 (as the now-postponed June 21 roadmap stage is known) was never going to be a complete return to normality, and we should not […]

Coronavirus

Ministers have forgotten that freedom is our default setting, not a privilege

The BBC reports today that 20 million Britons are now living in areas that did not report a single Covid death in April. Despite that arresting statistic, the entire population of the United Kingdom is still living under restrictions that, even in March last year, would have seemed unthinkable. It is still a criminal offence […]

Economics

Is Colin the Caterpillar anti-competitive?

The British love nothing more than a story about a twee, mediocre national icon, bringing us together in slightly self-conscious, self-deprecating pride/outrage (delete as appropriate). So in these tense times, Marks and Spencer claiming violations of its intellectual property rights over the bafflingly popular Colin the Caterpillar cake has been gratefully seized upon. Last week, […]

Economics

Opaque, unreliable and meddling in the market – the failing Financial Services Ombudsman is letting consumers down

It’s been plagued by accusations of bias and poor service – and now the head of the Financial Ombudsman Service, Caroline Wayman, has resigned amid a growing backlog of cases, with some consumers waiting years for a decision on their complaints about banks and financial service providers. But while it is easy to criticise the […]

Technology

Who regulates the regulators?

The Information Commissioner and its Office (the ICO) are among the most high profile regulators in this country. They oversee and enforce compliance of data protection regulations that not only impact organisations here in Britain but, at least in theory, anywhere that the personal data of UK citizens is processed. They can impose huge fines, […]

Economics

Rules Britannia: are our regulations fit for purpose?

The Better Regulation Task Force. The Bonfire of the Quangos. A Red Tape Challenge. Successive governments have acknowledged the burden of regulation in this country and tried to do something about it. But it seems, not to the extent of actually stopping passing more regulations or giving more powers and duties to existing regulators. This […]

Technology

Online freedom is in peril

The freedom to provide and use digital services is under sustained attack. The EU’s new Copyright Directive places a heavy burden on website operators who make user-generated content available — compelling them to filter suspected infringing content, in a misplaced attempt to turn back the clock and protect rights holders and newspapers from new ways […]

Politics

Norway Plus is no solution to Britain’s Brexit dilemma

MPs on both sides of the house – including the Conservative Nick Boles and Labour’s Stephen Kinnock – are in favour of the UK opting for a ‘Norway style’ Brexit: inside the EEA (single market) but outside the EU’s political structures. Given that the various EFTA states are richer, happier (and less politically fractious) than […]

Politics

Why the EU’s Singapore trade ruling is good news for Brexit

The Court of Justice of the European Union (CJEU) yesterday delivered its opinion in a case that could have profound implications for the EU’s future trade policy, and set an important precedent ahead of Brexit negotiations. Ruling on the process for concluding the EU’s free trade agreement with Singapore, the court decided that the deal includes elements […]