To address the UK’s fiscal challenges and reverse capital flight, Rachel Reeves’ government should implement creative, pro-investment policies, such as reforming non-dom rules and reintroducing an investor visa, rather than pursuing punitive tax measures, says Brandon Lewis

Rachel Reeves’ recent Mansion House speech was full of assurances that she would neither bend nor break in the face of tightening fiscal constraints. Instead, out came the big scissors and with them vows to cut “reams of financial red tape” that’s tied up financial managers in years of onerous regulatory burdens.

But little was said by way of concrete policies focused on long-term growth. And in that silence speculation over just how Reeves plans to address a burgeoning fiscal hole began to fester.

Calls from former Labour Leader Neil Kinnock for a flat two per cent tax on assets over £10m caused a brief, panicked stir in the City that a government running out of options and time would veer left to fill an ever-widening fiscal hole. But despite growing support among

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