Only Communist China Losing More Millionaires Than Starmer’s Britain
The outflow of UK millionaires triggered by Starmer and Reeves has begun in earnest as tens of thousands up sticks and leave for sunnier (and less heavily taxed) countries. Most millionaire Brits are moving to the UAE and the US…
Only repressive communist China is seeing a higher rate of outflow of the rich than Britain according to research from advisory firm Henley and Partners (which is pretty remarkable given China’s authoritarian capital controls). A record 9,500 millionaires are forecast to leave Britain in 2024, up from around 4000 the previous year…
Starmer said during the general election campaign: “I think it’s a good thing that people are aspirational. When I say our number one mission is economic growth, you could say our number one mission is wealth creation. Now that’s an odd thing for the Labour party to say. It might have been in the past.” More fool those who believed him…
