Rachel Reeves to soften non-dom tax changes to woo rich for growth push

Relatively minor tweak to finance bill is part of Labour push to show UK is attractive place to invest

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Rachel Reeves will amend the finance bill to soften planned changes to the non-dom tax regime as Labour woos the wealthy in pursuit of growth.

Speaking at the World Economic Forum in Davos, Switzerland, where she has been meeting business leaders and entrepreneurs, Reeves said: “We have been listening to the concerns that have been raised by the non-dom community.”

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