UK Loses Hundreds of Thousands of Millionaires
The UK now has only 450,000 millionaires in pounds sterling, a level unseen since 2008.
Published 6sem1 sourceNotable
Lire en français
≈ 18s
The fact
Rising interest rates and heavier taxation are driving this exodus of wealth.
The abolition of the 'non-doms' regime has also accelerated departures.
Click the link to read an article on the topic:
Why it matters
Cette fuite des fortunes pourrait affaiblir l'attractivité économique du Royaume-Uni et réduire ses recettes fiscales, avec des conséquences macroéconomiques durables.