Financial sector is vital to the UK

Mark Littlewood appeared on BBC2’s Daily Politics show to discuss proposals to introduce special taxes on the UK’s banking sector. The IEA’s Director General warned against allowing public anger about bankers’ pay to drive government policy. He pointed out that the financial services sector plays a key role in the UK economy.

View the broadcast here.

See also “A windfall tax on bankers will damage the economy” by Tom Papworth on the IEA Blog.