Labour Donor Non-Doms Up In Arms

So it looks like the Ditherer-in-Chief is going to back down on non-doms and it may well end up as a flat-rate £30,000 charge, no further questions asked. City uproar was not the reason for the change of heart. The billions that the Square Mile brings to Britain were of no consequence to our ruling clique of politicians without a drop of entrepreneurialism* in their blood.

Lord Paul, the Indian-born steel billionaire, Gordon Brown’s biggest backer, says Labour is proposing an “unfair levy” which risked undermining him the economy. Sir Gulam Noon, who gave Labour £450,000 for a peerage (undelivered) says “everybody is against” the Government proposal.

When did the Labour Party first realise this policy would jeapardise millions in donations?

UPDATE : Osborne is gloating already – the Treasury is spinning the climbdowns as a clarification of “what the Government’s intention has always been”

Osborne is giving Darling a kicking for good measure

“In times of economic uncertainty, people need a Chancellor who can demonstrate strength of leadership and consistency of judgement. With Alistair Darling, we have neither. In his time at Number 11, he has gone from one retreat to another and his economic incompetence, whether on Northern Rock, Capital Gains Tax or now non-domiciled taxation is doing real damage to the real economy. The question for our dithering Prime Minister is how long can he keep someone at the Treasury who is clearly not up to the job.”

That will please Ed Balls…

Don’t know why Osborne is laughing, his policy now looks more punitive than Darling’s new version of his own policy. Doh!

*Except when it comes to making up expense claims, then they display the most imaginative entrepreneurialism.




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

A senior Brexiter:

“If Theresa and Julian have sold us out here they are in real trouble. She reassured us all at the 1922. There is no way she can recover if she has now fucked us over.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
How Dominic Cummings Cost Taxpayers £20 Billion How Dominic Cummings Cost Taxpayers £20 Billion
Collins Data Breach Collins Data Breach
Onward to Higher Taxes Onward to Higher Taxes
Meet Love Island DfE Adviser Meet Love Island DfE Adviser
Question Time Runners and Riders Question Time Runners and Riders
Thomas Markle: Harry “Open To” Brexit Thomas Markle: Harry “Open To” Brexit
Watch: AC Grayling Vs Andrew Neil Watch: AC Grayling Vs Andrew Neil
In Full: 103 Resignations Under Corbyn In Full: 103 Resignations Under Corbyn
Banks Legals Verhofstadt Over Putin Tweet Banks Legals Verhofstadt Over Putin Tweet
Hypocrisy of Chuka Hypocrisy of Chuka
Daily Brexit? Daily Brexit?
Claire Perry Accuses Bercow of “Sexist and Demeaning” Behaviour Claire Perry Accuses Bercow of “Sexist and Demeaning” Behaviour
Farage vs Verhofstadt Farage vs Verhofstadt
Watson Dodges Labour Live Watson Dodges Labour Live
WATCH: Andrea Jenkyns Takes on Remain Protesters WATCH: Andrea Jenkyns Takes on Remain Protesters
Philip Lee Resigns Philip Lee Resigns
Handshake That Made History Handshake That Made History
Sun, Mail, Telegraph Warn May Sun, Mail, Telegraph Warn May
LibDem Policy: It’s Transphobic to Call Ian Huntley Ian Huntley LibDem Policy: It’s Transphobic to Call Ian Huntley Ian Huntley