It was one of the more memorable moments of the referendum campaign. In the midst of a fevered debate between Remainers and Leavers – and with the Treasury and its allies rolling out ever more lurid predictions by the day – Stuart Rose, the former Marks & Spencer chairman who was in charge of the Remain campaign, made the point that leaving the EU might lead to higher wages. And that would, of course, be a very bad thing, at least from the perspective of a multi-millionaire businessman who had made his career as an employer of mainly relatively low-paid retail workers.
The Remain campaign wasn’t the best run organisation in the world but even it could sense that observation was, to put it mildly, slightly out-of-touch with the ordinary working man. It was quick to clarify that Lord
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