(By Helen Warrell and Roger Blitz in London and James Crabtree in Mumbai)
David Cameron has slammed the brakes on government plans to demand a £3,000 migrant bond from “high risk” overseas visitors after news of the policy provoked uproar in Delhi and threatened his attempt to boost trade links with India.
The prime minister’s allies said Mr Cameron had “not signed off” details of the policy – trailed in Sunday newspapers – while Lib Dem and Tory business ministers warned that the idea would be damaging to Britain’s economic interests.
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Source: Financial Times