Andrew Griffith Suggests Tories Will Introduce New ‘Investment Visa’ to Lure Back Non-Doms – Guido Fawkes

Andrew Griffith Suggests Tories Will Introduce New ‘Investment Visa’ to Lure Back Non-Doms

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Shadow business secretary Andrew Griffith has been talking at a think tank this morning about how the Tories will dismantle the majority, but not all, of Rayner’s Employment Rights Bill. The union and zero hours contract material has been put on the scrap heap – for the rest Griffith says the party will consult with a “business panel.” Could just pledge to scrap it on day one…

Griffith attacked the Tory record by saying that for 14 years the party “appeased socialism” and moderated left-wing proposals instead of putting together an alternative vision to them. This includes bringing the tax burden to the highest levels since the war…

Guido was in the room and noticed that Griffith refused to name a specific policy to bring back non-doms – as Reform has done this week with its Britannia Card – and instead said there were “two elements” involved to be looked at. 1. Reeves’ additional inheritance tax imposition on non-UK wealth and 2. the UK’s lack of a dedicated “investment visa” for foreign nationals looking to pay into the economy. Griffith refused to name Reform but said offering a “lowest common denominator price” isn’t the way to compete internationally…

Badenoch is promising to launch a new consultation unit every week until Summer recess. Naming policies is one way of gaining some momentum – a strategy so far resisted by LOTO…