Home Business news Labour’s policy on non-doms mostly copied from Conservatives, say Whitehall sources

Labour’s policy on non-doms mostly copied from Conservatives, say Whitehall sources

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Exclusive: Rachel Reeves said to have dismissed concerns about policy, even though some claim it contains ‘basic errors’

Labour’s flagship “non-dom” policy was largely copied and pasted from the Conservatives even though it contains “basic errors” and risks damaging the UK’s financial sector, Whitehall sources have told the Guardian.

They claimed that the chancellor, Rachel Reeves, dismissed concerns raised by Whitehall officials about the potential negative impact of the policy, and is still set on introducing it in the manner Hunt pledged. “This is copy-pasting basic errors into the new policy,” one Whitehall source said.

Continue reading…Exclusive: Rachel Reeves said to have dismissed concerns about policy, even though some claim it contains ‘basic errors’What is non-domicile status and who qualifies for it?Labour’s flagship “non-dom” policy was largely copied and pasted from the Conservatives even though it contains “basic errors” and risks damaging the UK’s financial sector, Whitehall sources have told the Guardian.They claimed that the chancellor, Rachel Reeves, dismissed concerns raised by Whitehall officials about the potential negative impact of the policy, and is still set on introducing it in the manner Hunt pledged. “This is copy-pasting basic errors into the new policy,” one Whitehall source said. Continue reading…