Government meddling with the banks sends out all the wrong signals

Mark Littlewood speaks to BBC Radio 4's PM

With the announcement that the four big UK banks had signed up to the government's Project Merlin plans, Mark Littlewood, IEA Director-General, spoke to BBC Radio 4's PM programme and argued that the moves are fundamentally flawed and send out all the wrong messages to businesses looking to invest in the UK.

Listen to the interview here (starts around 0:40:50).