Labour Government 20/1 to impose a UK salary cap

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The latest odds suggest a Labour government is unlikely to introduce a cap on salaries anytime soon.

Following party leader Jeremy Corbyn’s latest suggestion of a maximum earnings limit, the bookies have reacted accordingly.

The latest odds rate it an outside chance at 20/1 that a Labour government brings a cap into play before the end of 2025.

However, at just 3/1 it’s much more likely there will be a cut to the Prime Minister’s annual salary before the decade is over.

Jessica Bridge of Ladbrokes said: “Corbyn’s latest claims are nothing new, but at present it’s hard to see a Labour government getting into power, let alone capping earnings.”

Ladbrokes latest betting

Labour to be in government and introduce a maximum UK wage before the end of 2025 – 20/1

Prime Minister’s salary to be cut before the end of 2020 – 3/1

 Year Jeremy Corbyn is replaced as Labour Leader

2017 – 7/4
2018 – 5/1
2019 – 8/1
2020 or later – 5/4

All Odds and Markets are correct as of the date of publishing

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