Britain is becoming a less attractive place for the rich to invest and work in because of government plans to end tax breaks for non-domiciled residents, a trade and investment minister says.

The government is due to report soon on its plan to charge, after seven years residence, non-domiciled residents 30,000 pounds a year to keep their status or become a normal UK taxpayer.

The comments by former CBI chief Digby Jones in the Financial Times newspaper are perceived to be a blow to the prime minister’s policy of incorporating non-political experts into his so-called government of all the talents.

Is it a statement too far for a minister to make, or was Jones right to reflect concerns within the City?

Should rich businessmen who enjoy the opportunities Britain provides pay 30,000 in tax, or is the money they spend enough of a boost to the economy?

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