Digby Says Taxing Non-Doms is a Dud

Digby Jones is a pro-business Thatcherite so going into Gordon’s big tent was always going to involve him holding his nose. In the morning’s FT he says he wasn’t consulted over Labour’s copycat plan to tax foreign businessman, that it is not popular with businessman he meets as he tries to drum up inward investment. Shooting the golden goose is crazy, wealthy foreigners boost the economy. Osborne should know better. Digby knows it, the City knows it, but they don’t have any votes.



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Quote of the Day

Jacob Rees-Mogg on Number 10’s customs partnership:

“It’s completely cretinous… it’s a betrayal of good sense, I cannot understand why government is faffing around with this system. I’m on the same side as Mr Barnier on this, god bless him.”

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