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      It is the tax system, stupid: Why Britain’s entrepreneurs are selling out too soon 

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nassef sawiris

  • Who owns each Premier League club as US shareholdings boom?

    Sport Business

    British firms or individuals are the biggest shareholders in just five Premier League clubs as US ownership booms ahead of the new season. Tony Bloom’s 96 per cent shareholding in Brighton and Hove Albion is the largest British stake in a Premier League club while Matthew Benham’s significant holding in Brentford is the only other [...]

    British firms or individuals are the biggest shareholders in just five Premier League clubs as US ownership booms ahead of the new season.
  • The high-profile non-doms that have quit Britain since the Budget

    Wealth

    If the pleas of wealth advisers and tax lawyers are to be believed, since the Chancellor’s Autumn fiscal crackdown, non-doms have been leaving Britain in droves. We’ve listed the most high-profile departures since the Budget. Having made it almost exactly halfway through her maiden Budget, the UK’s first female Chancellor was beginning to find her [...]

    Magda Wierzycka has been a non-dom based in the UK since 2019
  • Billionaire tech entrepreneur joins non-dom exodus

    Wealth

    The billionaire founder of one of Britain’s top fintechs has quit the UK for Monaco, becoming the latest super-rich foreigner to flee the government’s crackdown on non-doms. Guillaume Pousaz, who started payments firm Checkout.com in 2012, changed his country of residence to the France-adjacent tax haven in April, according to Companies House filings, to avoid [...]

    Guillaume Pousaz, founder of Checkout.com, has left the UK to avoid the non-dom crackdown (Photo by Horacio Villalobos#Corbis/Getty Images)
  • Aston Villa to boost Villa Park capacity beyond 50,000 by 2027

    April 24, 2025

    Aston Villa have revealed plans to increase the capacity of Villa Park to more than 50,000 by more than doubling the number of seats in its North Stand.  The Premier League club aim to complete the work by late 2027, in time for being one of the host venues for Euro 2028, which is being [...]

  • Aston Villa’s non-dom owner quit UK due to ‘Tory incompetence’

    April 21, 2025

    The non-dom co-owner of Aston Villa football club has blamed the Conservative party’s mismanagement of the economy for his decision to leave the UK earlier this year. Nassef Sawiris, a chemicals magnate who is Egypt’s richest man, became one of the most high profile ultra high net worth individuals to avoid the government’s crackdown on [...]

  • Aston Villa’s non-dom owner leaves UK for Italy

    April 2, 2025

    The billionaire co-owner of Aston Villa football club has become the latest wealthy foreigner to leave the UK in response to the government’s decision to abolish the non-dom regime. According to registry filings, Nassef Sawiris, Egypt’s richest man, is now a resident of Italy. He previously lived in the UK and claimed the country’s generous [...]

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