Non-dom exodus: Top London dealmaker quits UK for Switzerland Wealth One of London’s most successful private equity dealmakers has left the UK for Switzerland, adding to the wave of wealthy individuals quitting Britain in the wake of the government’s crackdown on wealth. Kurt Bjorklund, the executive chair of Permira who until recently was the buyout giant’s managing partner, relocated to the low-tax jurisdiction in the [...]
Booking a ski holiday? This is the unmissable grande dame this season Life&Style Refurbished Suvretta House is the ultimate base for a 2026 ski holiday, writes Adam Hay-Nicholls Had it been director Wes Anderson who’d adapted The Shining for the silver screen – rather than Stanley Kubrick – the fateful Overlook Hotel might have looked something like St Moritz’s Suvretta House. Imagine that Walt Disney and Baron Münchausen [...]
UBS scouting for new top boss with Sergio Ermotti to exit next year Banking UBS Group is on the hunt for a new chief executive with the banking giant’s current top boss lined up for an exit next year. Sergio Ermotti, who has led the near-£112bn bank since he was rehired in 2023, is expected to depart in April 2027. The veteran financier had pledged to lead UBS “at [...]
Crans-Montana the star in 2038 Switzerland Winter Olympics bid January 12, 2026 Crans-Montana is set to feature in the 2038 Winter Olympics as part of a wider bid by Switzerland, which is in exclusive talks with the IOC. The Swiss resort has led recent news bulletins after a fire in a bar killed 40 people amid a litany of safety issues. But it could become the third [...]
Slow Berne: The UK-Switzerland financial services agreement is a quiet Brexit victory January 7, 2026 The Berne Financial Services Agreement is a mature, alignment and recognition deal that replaces regulatory empire building with mutual recognition, and political symbolism with commercial reality, says Tim Focas New Year is usually a moment for resolutions, reflection and overconfident promises about the year ahead. Politics, by contrast, tends to start January exactly as it [...]
Hedge fund tycoon Alan Howard quits UK for Switzerland December 23, 2025 The co-founder of Brevan Howard Asset Management, Alan Howard, is the latest wealthy individual to exit the UK following tax hikes imposed by the Labour government. The hedge fund tycoon relocated from Britain to Switzerland in early June, according to an analysis of UK registry filings by Bloomberg. Howard had previously moved from London to [...]
Switzerland has rejected wealth taxes: Westminster should take note December 17, 2025 Swiss voters have overwhelmingly rejected a proposed 50 per cent inheritance tax, proving that individuals in a democracy understand that confidence in a jurisdiction can evaporate quickly, says Tim Focas Swiss voters have issued one of the clearest democratic verdicts on wealth and capital in recent memory. Last month, more than eight in ten rejected [...]
Interlaken: A super summer in the Swiss mountains August 14, 2025 Keep this a secret, but Switzerland is pretty great for skiing. Keep this even further buried beneath your hat, but it’s excellent in the summertime, too. Lush green meadows carpeted with spring wildflowers, the Swiss Alps awaken to a new season ripe for exploring when the poles and goggles are put away. Case in point: Interlaken. Postcard [...]
Gold market turmoil as tariffs and Fed governor drive prices higher August 8, 2025 The gold market was plunged into turmoil on Friday after Donald Trump unveiled a dovish new Federal Reserve governor and slew of new tariffs including hefty duties on kilo gold bars from Switzerland. The precious metal rose more than one per cent through across Wednesday and Thursday – taking the spot price above $3,400 per [...]
Swiss officials call for Fifa chief Infantino to soften Trump tariff blow August 7, 2025 Fifa president Gianni Infantino has been called upon by political figures in Switzerland to help persuade Donald Trump to lower tariffs on the landlocked nation. The US President has announced that Switzerland is in line to be slapped with 39 per cent tariffs as part of his sweeping economic policies that have seen countries rush [...]