Jeremy Corbyn on Brexit and top earners

I would like there to be some kind of high earnings cap, quite honestly.

"I can't put a figure on it and I don't want to at the moment ..." "The point I'm trying to make is that we have the worst levels of income disparity of most of the OECD countries".

"Given that Corbyn has previously said that he's not concerned about the number of people coming to this country, it is clear that Labour simply will not get control of immigration".

Asked to expand on his support for a legal cap on income, the Labour leader said: "Let's look at it". I am not going to put a figure on it.

Mr Corbyn says the United Kingdom should not be set up as a "grossly unequal" society, like a "bargain basement economy" that sits on the shores of Europe. We have to be something that is more egalitarian, gives more opportunities to everyone and properly funds our public services.

Mr Corbyn stressed the positive contribution made by migrant workers, warning "the NHS would be in even deeper crisis" without them.

He told the Radio 4 Today programme: "We have to end the grotesque levels of exploitation of numbers of migrant workers mainly from central Europe who are brought into this country by agencies to undercut existing working arrangements and conditions".

Mr Corbyn said a pay cap would be "somewhat higher" than the £138,000 he earns as an MP and Leader of the Opposition.

Even though Corbyn has been constantly criticised by his own party, he has always objected to European Union state aid rules that prevent the government from intervening in industries like steel. So let's be realistic about it.

Mr Corbyn's idea to introduce a maximum national wage was condemned as "idiotic", "completely bananas" and "economically misguided". He refused to resign and participated in the party leadership election in September 2016, winning and remaining the UK Labour Party leader.

Flagging in opinion polls, Corbyn will also try to ease concerns among some Labour voters who feel the party is not in tune with their fears over immigration and to staunch their exodus to the likes of the anti-EU UK Independence Party.

Following the announcement of the policy Mr Corbyn was handed a Gunners' shirt with his name on it on Good Morning Britain by presenter Piers Morgan today.

In his first speech of 2017, Jeremy Corbyn is all set to claim that Britain is better off without EU and insist that the Labour party has no objection in ending the free movement of European workers in the UK.

His intervention also appeared to catch senior colleagues by surprise, with one shadow cabinet minister saying he had been expressing a "personal view".

Once again, when it came to delivering the speech, there was no mention of a pay cap, only a pay ratio. Business Insider will be in attendance.

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