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Labour’s tax plans trigger exodus of millionaires from UK: Report

  • More than 10,000 millionaires have left Britain in the past year, with a net loss of 10,800 in 2024, according to analysts.
  • The UK lost 16,500 millionaires to migration from 2017 to 2023, which included Brexit and the pandemic, according to the figures.
  • Charlie Mullins, founder of Pimlico Plumbers, stated that Britain is in trouble due to raised taxes and new employment laws.
  • The government’s policy on non-doms is seen as a monumental act of national self-harm, according to David Hawkins of Foreign Investors for Britain.
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More than 10,000 millionaires have left the UK in the past year, according to an analysis by consultancy New World Wealth (NWW) published in The Times, German news agency DPA reported on Sunday. ...

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Over 10,000 millionaires have left the UK in the last year, according to an analysis by consultancy firm New World Wealth (NWW) published in the daily newspaper "The Times", DPA reports, quoted by Agerpres.

·Romania
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The Times broke the news in United Kingdom on Friday, January 17, 2025.
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