More regulation is the last thing that private business needs

Dr Richard Wellings speaks to BBC Radio Merseyside

As Business Secretary Vince Cable gives a speech calling for new regulations aimed at curbing executive pay, Dr Richard Wellings, Deputy Editorial Director at the IEA, speaks to BBC Radio Merseyside's Simon Hoban and argues that more red tape is the last thing that private business needs if it is to help drive growth in the economy.

Listen here (starts at 0:22:33).