Dr Steve Davies appears on Sky News

Dr Steve Davies, Head of Education at the Institute of Economic Affairs has appeared on Sky News to comment on Jeremy Corbyn’s proposal for a wage cap.

In the interview Steve argues that what is driving top pay is the fact that increasingly we live in a globalised world. We are therefore competing with other countries to get the best personnel in all sectors and that is what is driving up pay at the top – something that is not a problem. If it is deemed as a problem, it is not one for government to get involved in, but for the shareholders themselves.

Listen to the full interview here.