Afternoon summary
Jeremy Hunt is considering scrapping Britain’s non-domiciled tax rules in next week’s budget, it has been reported, in a move that would see him poach one of Labour’s key fiscal policies. It has been reported that the chancellor is also considering lifting a second Labour tax plan, and extending the scope of the windfall tax on energy companies. (See 2.46pm.)
Sir John Major, the Conservative former prime minister, has said the UK should rejoin the single market. He has also said the government should not cut taxes in next week’s budget, but increase defence spending instead. This is from the broadcaster Andrew Neil, who interviewed him today.
Interviewed John Major at the Global Soft Power Summit in Westminster today. Three interesting news lines:
1. He is against the UAE or any other foreign governments from taking over the Telegraph and/or Spectator.
2. He thinks we should rejoin the single market and that Britain could negotiate a deal which would not leave us merely as a rule-taker.
3. He thinks that the government should increase defence spending rather than cut taxes. Interesting intervention one week before the Budget which I don’t think any media has yet picked up.
Interviewed John Major at the Global Soft Power Summit in Westminster today. Three interesting news lines:
— Andrew Neil (@afneil) February 29, 2024
1. He is against the UAE or any other foreign governments from taking over the Telegraph and/or Spectator.
2. He thinks we should rejoin the single market and that Britain…
Updated
Diana Johnson, chairwoman of the Commons home affairs committee, has criticised the manner in which the Home Office published the 13 reports from David Neal, the former independent chief inspector of borders and immigration. She said:
Not only have all these reports been published in one go, but there is no ICIBI (independent chief inspector of borders and immigration) in post to provide a press release or a commentary on the contents of these reports.
This is wholly inadequate and raises serious questions about what the Home Office has been doing all this time.