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What has happened to Britain's economic freedom?

Though still free by global standards, a long and slow decline over recent decades can be reversed

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Institute of Economic Affairs and Harrison Griffiths
Oct 23, 2025
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The Fraser Institute’s 2025 Economic Freedom of the World report should not set off any alarm bells for freedom lovers in the UK. Its score (7.88/10) is consistent with last year and its decline (from 12th in 2024 to 13th in 2025) was modest. It does, however, confirm a long, slow downward trend from the halcyon days of the early 2000s, with a slight acceleration since Brexit and the COVID-19 pandemic.

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