Kate is a political correspondent at HuffPost UK. Based in Westminster, she covers the day-to-day events occupying parliament while also specialising in the Ukraine war, international relations and unpicking key economic events. She occasionally pops up on the radio to discuss the major political events of the day.
down plans to make wealthy foreigners pay more tax on their overseas earnings this week, despite previously promising to crack down on this “non-dom” loophole.host put a quote to her, which read: “We must break down the barriers to growth built up in our system over decades.“Infrastructure projects get delayed for years, and years and years. As a result, we have seen economic growth choked off.
However, Reeves argued she was only changing the scheme so non-doms have to pay lower rates of tax on the overseas income for the next three years. Reeves replied she had to raise significant funds in the Budget and “people would never forgive me if we lost control of public finances in the way that Liz Truss did”.But Phillips said it seemed as though “non-doms get sympathy and people on welfare get tough love.”
Economy Rachel Reeves Trevor Phillips
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