Published On: Tue, Sep 17th, 2024

Controversial exit tax has sunk rich European nation now Labour wants it | Personal Finance | Finance


As the Halloween horror Budget looms on October 30, many wealthy Britons are looking to quit the UK. The exodus began under the Tories, who drove UK taxes to a 70-year high.

Last year, 4,200 millionaires left the country. With Labour in charge, that’s expected hit 9,500 this year, according to Henley Private Wealth.

Many will say good riddance. The “bash the rich” mentality is growing stronger by the day, under Labour rule.

The problem is they’ll take their money with them, leave a gaping…



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