Ed miliband

Today Ed Miliband has announced with all guns blazing that the Labour party will abolish non-dom status if they are elected in May. The party has labelled the current non-dom tax rules as ‘ridiculous’. However, according to an interview Ed Balls gave earlier this year, cutting it would ‘cost Britain money’. Even if this is the case Labour doesn’t appear too rattled, seeing this as a moral point rather than just a financial one. Still, Mr S couldn’t help but recall the £5.1 million Labour accepted from the non-dom donor Lakshmi Mittal. The steel tycoon multi-millionaire is a British citizen with non-dom status as his company ArcelorMittal is largely based in Luxembourg. Steerpike has contacted Mittal to see what he makes

Finally, we have a policy to debate. Ed Miliband has set the agenda for the campaign today with a pledge that Labour would scrap the ‘non-dom’ tax status. After weeks of personal attacks, Miliband has shaken things up a little — but is the announcement already falling apart? To help guide you through the melée of stories and spin, here is a summary of today’s main stories. 1. No more non-doms In a speech at Warwick University today, Ed Miliband will say ‘there are now 116,000 non-doms, costing hundreds of millions of pounds to our country, it can no longer be justified.’ In short, having non-dom tax status is a way for very wealthy people

When he announced Labour Party proposals for changes to the non-dom rules, Ed Miliband tried very hard to be as misleading as possible without lying. He seems to have failed. He said that non-doms ‘aren’t required to pay taxes like you and me’. They are. Non-doms are required to pay the same UK taxes as the rest of us on their UK income and foreign income remitted to the UK. Most of us don’t have any non-UK income, let alone non-UK income which we do not wish to remit to the UK (regardless of the tax treatment, it would mean we couldn’t spend it here) and therefore we do not

Ed Miliband has long been considered the Conservatives’ main electoral asset. Certainly, Simon Danczuk touched a nerve when he described his party leader as a liability only a fortnight ago. But as the election nears, is the Labour leader beginning to turn his personal fortunes around? Polling from YouGov shows a fascinating trend. Voter approval of Miliband’s performance as Labour leader has improved from a dire state in late-November last year, at net -56%, to the most recent level of -26% last week. With the election campaign underway, a significant chunk of the electorate appear to have given the Labour leader a second look. Indeed, his net approval rating improved by

Tonight’s Scottish leaders’ debate in Edinburgh is as important to the general election campaign as last week’s debate featuring Cameron, Miliband et al in Manchester. Both this debate and the second Scottish one tomorrow offer Labour a final opportunity to reverse the SNP advance. The polls indicate that the SNP are on course to take 28 Scottish seats off Labour in May. This would make it the largest Scottish party at Westminster. It would also make it impossible for Ed Miliband to win a majority. At the moment, nothing seems capable of halting the Nationalists’ momentum. The dramatic fall in the oil price, which has upset many of the calculations in the independence white paper,

With the Easter break now over, the general election campaign will notch up a gear today as the political parties try to make the most of the last month of campaigning. To help guide you through the melée of stories and spin, we’ll be posting a summary every morning of the main events so you know what to expect from the day ahead. 1. Blair’s back — again After a series of cryptic interviews in which he appeared to complain about the direction of the Labour Party, Tony Blair has gone loyal for the campaign. The Guardian reports that the former Prime Minister will be speaking in his old Sedgefield constituency