Skip to content
Saturday 8 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,901.09
+0.31%
DAX
26,319.45
+0.69%
CAC 40
8,714.93
+0.17%
STOXX 50
6,523.86
+0.33%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Friday 07 November 2025 6:00 am  |  Updated:  Friday 07 November 2025 8:22 am

Lord Frost to head up IEA think tank

By: Ali Lyon

Add as a preferred source on Google
Lord David Frost addressing media on current political issues, wearing a suit and tie, with a serious expression.
Lord Frost will begin his role with the IEA in January (Photo by Leon Neal)

David Frost has been made the director general of the Institute of Economic Affairs (IEA) in a move the right-leaning think tank has said will herald a “new chapter” for the organisation.

Lord Frost, the former cabinet minister best known for spearheading the UK’s Brexit negotiations under Boris Johnson, will be responsible for driving the Tufton Street body’s revamped focus, on “rebuilding public understanding of how freedom, markets… and limited government” drive prosperity.

He will take on the role in January 2026, at which point the former diplomat will no longer take the Tory whip, and instead sit in the UK’s second chamber as a non-affiliated peer.

“I am delighted to be able to make the case for freedom from this new vantage point, as director general of the IEA, one of Britain’s oldest, greatest and certainly most pro-freedom think tanks,” said Frost.

“The IEA helped create the conditions for Britain’s free market revolution in the 1980s by refusing to compromise on its principles and by advocating them so clearly that they entered into the political bloodstream. That now needs to happen again if we are to defeat the current bleak outlook of statism and collectivism.”

Frost will replace Tom Clougherty as the organisation’s most senior full-time executive, after Clougherty stepped down from his role as executive director abruptly last month having been in post for less than two years.

Clougherty took over from the longstanding director general Mark Littlewood, who left the free market think tank in 2023, having spent nearly 15 years in the role. Littlewood is attributed with playing a prominent role helping shape the Liz Truss government’s policy agenda, and was nominated by the former prime minister for a peerage after she left office.

Read more

As it happened: Stocks rise despite IEA warning of ‘critical’ oil issue

North Sea oil terminal with storage tanks and docking facilities under a clear sky, highlighting energy infrastructure.

Frost will ‘renew IEA focus on freedom’

He is now director of the Popular Conservatism – or Popcon – movement, established by Truss and former cabinet minister Jacob Rees-Mogg shortly before the 2024 general election.

Frost will be the first IEA director general since Littlewood, having previously held several senior roles in the Foreign Office, including as the UK’s ambassador to Denmark between 2006 and 2008.

But the peer’s most significant role was as chief negotiator of the government’s Brexit talks with the EU under Johnson, eventually securing a deal after 10 rounds of negotiations.

After being given a peerage in 2020, Frost became a Cabinet Office minister and a member of the cabinet, before resigning over “concerns about the [Johnson government’s] direction of travel”.

Linda Edwards, chairman of the IEA board of trustees, said: “With David at the helm, the IEA will renew its focus on education and ideas: inspiring students, shaping debate, and giving future leaders the confidence to stand up for freedom.

“We are genuinely excited to begin this new chapter under strong leadership, determined to reassert why economic liberty, personal responsibility, and limited government remain the surest foundations for a flourishing society.”

Read more

Investor visa proposed by Labour-aligned think tank

Skyline of Canada with iconic financial district buildings, highlighting UK investments and economic growth.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

People & Organisations

  • Boris Johnson
  • european union
  • free market
  • IEA
  • Liz Truss
  • lord frost
  • mark littlewood
  • think tank
  • tom clougherty
  • Tufton Street

Trending Articles

  • WPP slashes jobs as revenue continues to fall

  • Liverpool owners tipped to sell – but not to Amazon boss Bezos – by former CEO

  • Revolut founder’s wealth set to balloon amid talks of share award at $500bn valuation

  • Starling plans to ‘come out swinging’ in diversification bid

  • As it happened: Stocks rise despite new tensions in Strait of Hormuz; Oil price climbs

More from Morning Wire

  • As it happened: Stocks rise despite IEA warning of ‘critical’ oil issue

    Markets
    North Sea oil terminal with storage tanks and docking facilities under a clear sky, highlighting energy infrastructure.
  • Investor visa proposed by Labour-aligned think tank

    Politics
    Skyline of Canada with iconic financial district buildings, highlighting UK investments and economic growth.
  • Europe has made a ‘major mistake’ on slow electrification, IEA chief warns 

    Energy
    UK industrial electricity prices are the highest in the G7 and 46 per cent above the average of the International Energy Agency.
  • Rory Sutherland joins Adam Smith Institute as senior fellow

    News
    Business meeting with diverse professionals discussing financial growth strategies in a modern conference room setting
  • Exclusive: Sydney Opera House and Gherkin designer Arup loses finance chief

    Consulting
    Sydney Opera House at dawn with illuminated sails reflecting on calm water and a cloudy sky
  • Ban foreign stocks from Isa wrapper, says top pensions boss

    Investing
    Nicholas Lyons, former Lord Mayor of London, speaking at a podium with microphones, discussing fresh ISA rules.
  • Zohran Mamdani’s socialist superstore stunt won’t help poor New Yorkers

    Opinion
    Zohran Mamdani, a man with a beard, holds a bunch of green bananas with a 30% off label at a grocery store.
  • Lucy Rigby back as City minister

    Politics
    Lucy Rigby, a blonde woman in glasses and a red blazer, with a phone in her pocket, walking past a black gate.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook