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

According to the Mail, when Tory MP Marcus Fysh called Venezuela a ‘socialist experiment gone wrong’ at PMQs, Jeremy Corbyn mouthed:

“What a complete w*nker.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Snow Storm: Anchor Called Out on Live TV Snow Storm: Anchor Called Out on Live TV
Snow Such Thing as Impartiality Snow Such Thing as Impartiality
Lefties Duped by ‘Why Socialism Works’ Lefties Duped by ‘Why Socialism Works’
Select Committees Runners and Riders Select Committees Runners and Riders
Meltdown After Nuclear Power Plant Holds Bikini Contest to Choose Interns Meltdown After Nuclear Power Plant Holds Bikini Contest to Choose Interns
DUP Deal Signed DUP Deal Signed
Watch: McDonnell on Grenfell ‘Murder’ Watch: McDonnell on Grenfell ‘Murder’
Sunday Shows Sunday Shows
The Economist’s Lack of Intelligence Unit The Economist’s Lack of Intelligence Unit
Happy Independence Day! Happy Independence Day!
Sun Cleared by Hospital Sun Cleared by Hospital
Exporters Order Books at 29 Year High Exporters Order Books at 29 Year High
Corbyn Refuses to Bow to The Queen Corbyn Refuses to Bow to The Queen
McDonnell Repeatedly Backed Far Left ‘Day of Rage’ Group McDonnell Repeatedly Backed Far Left ‘Day of Rage’ Group
“Soft” and “Hard” Brexit Terms Obsolete “Soft” and “Hard” Brexit Terms Obsolete
Hammond’s “Sound Money” Speech Sadly All Spin Hammond’s “Sound Money” Speech Sadly All Spin
Tommy Robinson Called British Muslims “Enemy Combatants” Tommy Robinson Called British Muslims “Enemy Combatants”