Shadow economy is 1/10th of UK's GDP

Mark Littlewood appears on BBC Radio 4 Today

Mark Littlewood discusses the IEA's recent publication on BBC Radio 4 Today programme.

The IEA has published a new report on the UK's shadow economy. The report states that the informal market could account for almost 1/10th of GDP or almost £150bn. Mr Littlewood stated that the government's high levels of spending and tax rises push individuals and companies into the informal market.

Listen to the whole programme here. Segment begins at 23:00.00.