Dragon Bannatyne praises Labour ‘courage’ over non-dom change

Labour puts the ball in Tories’ court: will they do anything about wealthy foreigners evading tax?

The Mole

Dragon’s Den star Duncan Bannatyne has swapped sides and is backing Labour’s plan to scrap the tax shelter of wealthy “non-doms”, despite fears in some quarters that it will be seen as an attack on big business.

Only a week ago, Bannatyne added his name to the pro-Tory letter to the Daily Telegraph signed by 103 big business chief executives warning that Labour tax plans would “deter business and deter investment”.

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is the pseudonym for a London-based political consultant who writes exclusively for The Week.co.uk.