Jeremy Corbyn

Jeremy Corbyn says he wish to see a most cap on the quantity individuals can earn.

The Labour chief mentioned he thought introducing the restrict can be “the fairer factor to do”.

Mr Corbyn mentioned he was “not wedded to a determine” however instructed BBC Radio four’s Right now programme: “Let us take a look at it.”

He mentioned the UK’s ranges of revenue disparity had been getting worse, saying this can’t go on “if we need to dwell in a extra egalitarian society”.

“I would love there to be some sort of excessive earnings cap, fairly actually,” he mentioned.

Mr Corbyn added: “We can’t set ourselves as being a kind of grossly unequal discount basement financial system on the shores of Europe.”

The concept of a most earnings cap was advised by Mr Corbyn throughout Labour’s 2015 management contest.

Talking on Sky Information, Mr Corbyn mentioned a wage cap can be “considerably greater” than his wage of roughly £138,000, including that the salaries some footballers obtain are “merely ridiculous”.

He mentioned: “Why would somebody have to earn greater than £50m a yr?”

Labour has additionally mentioned it would introduce a “actual residing wage” of at the very least £10 an hour if in energy.

On Wednesday the Excessive Pay Centre assume tank claimed prime bosses would have earned extra by noon than typical employees earn in all the yr.

In his Right now interview, which got here forward of a speech on Brexit afterward Tuesday, Mr Corbyn additionally mentioned he can be ready to affix putting Southern Rail employees on the picket line of their long-running dispute over the function of guards.