Ed Miliband leads election rally at University of Warwick

[dutchman]

Ed Miliband laid out his latest election pledge during a visit today to the University of Warwick.



The Labour leader stopped off at the university’s international digital laboratory as part of his general election campaign and was welcomed by a crowd that included students, political supporters, MPs, city councillors and a huge swathe of the British media.

During a 30-minute speech, Mr Miliband announced Labour’s pledge to abolish the 200-year-old non-dom tax if his party wins the General Election in May.

The rule means that people with non-domicile status - those who live and work in Britain but who can show they regard a foreign country as their real home - do not have pay tax on any overseas income, only that in the UK.

The tax currently affects around 116,000 in the UK.

However, the latest policy has been ridiculed by the Conservatives who this morning released a video of shadow chancellor Ed Balls saying that abolishing the tax could actually cost the country money.