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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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