You may not like billionaires like Lakshmi Mittal, but London needs them to stay

Billionaire exodus continues as one of UK’s richest men to leave over Reeves

Lakshmi Mittal is set to leave the UK, undermining the Government's desire to attract investment.

Steel giant ArcelorMittal founder Lakshmi Mittal is considering leaving the UK as tax benefits there threaten to disappear.

You may not like billionaires like Lakshmi Mittal, but London needs them to stay

The lights are not always on on at the vast mansion known locally as the Taj Mittal, easily the biggest residence on London’s most exclusive billionaire’s row, Kensington Palace Gardens.

The flight of the millionaires will impoverish Britain

Steel magnate Lakshmi Mittal is considering leaving the UK because of the Labour government’s abolition of the ‘non-dom’ tax regime. This confirms that Keir Starmer’s politics of envy is successfully destroying the British economy. Mittal would join tens of thousands of millionaires and billionaires – British and foreign – who have already abandoned Britain to

Is Lakshmi Mittal leaving UK? The tax change driving away UK's rich

Lakshmi Mittal, executive chairman of ArcelorMittal, is among the wealthiest people in the UK with an estimated net worth of $19.30 billion. Mittal has reportedly told people close to him that he is considering leaving the UK after the government moved to do away with the ‘non-dom’ tax regime, which has been around for over 200 years and applies to a UK resident whose permanent home is overseas

The Great Billionaire Exodus: Who’s Leaving the UK and Why?

In the heart of London, where opulent mansions line Kensington Palace Gardens and the hum of wealth reverberates through the city’s veins, a seismic shift is underway. The United Kingdom, long a magnet for the world’s richest minds and fortunes, is witnessing an unprecedented departure of its billionaire elite. At the forefront of this exodus is steel magnate Lakshmi Mittal, a titan whose potential exit after three decades in Britain signals a b…