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wealth

  • Whitehall in talks with City for non-dom reform after exodus

    Economics

    Whitehall is locked in talks with City bigwigs as the Labour government seeks to attract wealthy investors to the UK following the tumultuous fallout to the scrapping of the non-dom regime. The non-dom status was changed by Chancellor Rachel Reeves in the Autumn Budget 2024 and was swapped for a residence-based system that taxes all [...]

    Breaking news moment with highlighted headline and text blocks on a digital display screen in a business setting
  • Here’s one New Year’s resolution worth trying: Becoming a billionaire

    Investing

    A new year has rolled around again – a time for many to put their thinking caps on and set some life goals.  A gym membership is one of the most popular resolutions, but is also one of the worst-kept (ask a gym manager how busy Februaries are compared to Januaries). For the less active [...]

    Billionaire inspired by Wolf of Wall Street with stock market charts and luxury office setting, reflecting financial success
  • Jordan North: Capital Breakfast host becomes a millionaire

    Media

    TV and radio presenter Jordan North has become a millionaire after taking over as host of Capital’s breakfast show. North succeeded Roman Kemp as host in April 2024 alongside Siân Welby and Chris Stark. The former I’m a Celebrity…Get Me Out of Here runner-up had previously been a DJ at Radio One. Now, new accounts [...]

    Jordan North in a studio setting, wearing headphones and speaking into a microphone during a radio broadcast.
  • Are the rich getting richer because the poor are getting poorer?

    December 9, 2025

    Adherents of the zero-sum belief that the rich are only rich because they have taken something from the poor cannot explain why the number of poor people fell massively while the number of rich people rose massively, says Rainer Zitelmann “The rich are getting richer and the poor are getting poorer” – few statements have [...]

  • The big question for wealth creators: is there a future in Britain?

    December 4, 2025

    A tax-raising Budget has completely undermined confidence in the UK’s ability to remain competitive, says Philip Harris A Budget that prioritises tax rises heightens investor friction, accelerates capital flight and weakens the UK’s competitiveness. It undermines the foundations of long-term prosperity and forces families, entrepreneurs and wealth holders to ask a serious question: is the [...]

  • BNY wealth boss: I had a better chance winning the lottery than sitting where I am today

    November 27, 2025

    The son of a dish washer, Jose Minaya does not take for granted his rise to BNY wealth boss. He takes us through his career in Square Mile and Me.

  • Autumn Budget Live: Wealthy, landlords and pensions hit in £26bn tax raid

    November 26, 2025

    Welcome back to the City AM liveblog. In a shocking turn of events the UK fiscal watchdog has accidentally released the economic forecasts – intended to be published after the Budget – before the Chancellor even took to the despatch box. Rachel Reeves has raised taxes by £26bn in her second Budget, which follows on [...]

  • Steel mogul Lakshmi Mittal leaves UK for Switzerland and Dubai

    November 23, 2025

    Lakshmi Mittal, the steel mogul who was one of Britain’s richest people, has now left the country and become a resident in Switzerland for tax purposes, it has been reported.  Mittal has long been one of the billionaires rumoured to be leaving the UK in response to Rachel Reeves’ tax plans.  In March this year, [...]

  • £100k earners have become Britain’s invisible middle class

    November 14, 2025

    Six-figure earners are now Britain's invisible middle class, but they're an afterthought when it comes to banks, writes Ziad Mabsout.

  • UK must stop treating wealth as an offence

    November 13, 2025

    Wealth creators are not a target, but the UK’s greatest economic fuel. The government won't get anywhere before it recognises it.

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