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.