Is the Chancellor trying to nick Labour's policies?
The News Agents
Global
4.1 • 5.4K Ratings
🗓️ 29 February 2024
⏱️ 35 minutes
🧾️ Download transcript
Summary
Right now the Treasury are flying more kites than you would see on top of Parliament Hill on a windy day.
This comes ahead of next week’s budget - the last before the general election.
But one policy is particularly eye-catching. It's the idea that the Tories are about to tax non-doms - the flagship Labour policy. Whether you want to call it shooting Keir’s fox or stealing his clothes, it would be an audacious move.
Also, how do the Royal family square the circle of remaining in the public eye while wanting maximum privacy at this difficult time? Couldn’t their communications be more effective?
Editor: Tom Hughes
Senior Producer: Gabriel Radus
Producer: Laura FitzPatrick
Video Production: Shane Fennelly
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Transcript
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| 0:00.0 | The Newsagents podcast is brought to you by HSBC UK, opening up a world of opportunity. |
| 0:08.0 | This is a global player original podcast. |
| 0:11.7 | And after weeks of will he, won't he? |
| 0:14.9 | We learn today that the Chancellor won't, after all, be clapping down on non-doms. |
| 0:21.6 | Tax-free income for millionaires, while millionaires |
| 0:25.6 | face frozen tax allowances and council tax high. |
| 0:29.6 | How can he possibly claim that this is fair? |
| 0:33.6 | He refuses to act, and I wonder why. Maybe that was the only policy that he can't get |
| 0:42.8 | signed off by number 10 down his face. That was the shadow Chancellor Rachel Reeves speaking |
| 0:48.6 | about 18 months ago about Jeremy Hunt's adherence to tax perks for non-doms. |
| 0:57.8 | And the comment she made at the end refers to Rishi Sunak and his wife, who you'll remember |
| 1:03.5 | famously, used to be a non-dom and got away with those tax perks. |
| 1:08.7 | This week, non-doms and their status is in the headlines again, |
| 1:14.5 | because he might, might be about to change his mind. And remember, for Labour, this is the one |
| 1:22.1 | solid pledge that hasn't changed. You know, the 28 billion on green taxes, well, that's sort of gone. |
| 1:28.5 | But taxing non-doms has been one of the solid labour commitments |
| 1:32.7 | and it looks like the Tories may, |
| 1:37.1 | and as Emily says, may be about to steal their clothes in next week's budget. |
| 1:42.3 | Welcome to the newsagents. |
| 1:50.1 | The Newsagents. The newsagents. It's John. It's Emily. |
| 1:58.5 | And a little later, we're going to be talking about what feels like this slight dislocation between what everyone's talking about on social media, the royal family, and the |
| 2:03.6 | absence of key members of the royal family, and what everyone's talking about in the press, |
... |
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