article_snippet.sent: Scrapping the ‘non-dom’ rule could set Labour on a collision course with the Governor of the Bank of England.
article_snippet.sent: A spokesman for the Bank of England defended the Governor’s status, saying: ‘This is not a choice.
article_snippet.sent: This’s a straight outcome of the tests that determine domicile status in UK.
article_snippet.sent: Others who would be affected by the crackdown include the foreign-born chiefs of RBS and Lloyds.
article_snippet.sent: The independent Nuffield Trust said failure to make the financial commitment would have ‘serious consequences for the viability of the service’.
article_snippet.sent: The independent Nuffield Trust used when it was last in office.
article_snippet.sent: But tax experts warned it would lead to a crackdown by HMRC on small firms – further souring relations between Labour and business.