Exodus8 Oct 2024 04:10
“ Britain is set to suffer the biggest exodus of millionaires in the world ahead of the Government’s planned raid on non-doms, analysis has found.
The share of the population who are millionaires is expected to plunge by 20pc over the course of this Parliament, from 4.55pc now to 3.62pc over the next five years, according to an Adam Smith Institute analysis of UBS forecasts.
This is in contrast to Germany, France and Italy, all of which are predicted to grow their share.
Wealthy residents are being driven away from Britain by factors including high taxes, changes to the non-dom rules and “a hostile culture for wealth creators”, the think tank said.”
Nice one Labour 👋 Where’s mick-b these days defending these idiots ?