Stack of pound coins

Mark Littlewood is quoted in City AM

Mark Littlewood, Director General at the Institute of Economic Affairs has been quoted in City AM commenting on Corbyn’s comments today suggesting a wage cap should be introduced.

In the article, Mark argues that by imposing a wage cap, Corbyn would incentivise the richest to leave the UK, depriving the British government of their sizeable tax contributions altogether. Given that Corbyn could not put a rough number on where the cap should be, suggests he has not properly thought this proposal through.

Read the full article here.