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wealth exodus

  • Banks woo the wealthy to ace stable income streams

    Banking

    As the great and the good prepare to gather at Wimbledon, banks are serving up glamorous treatment to woo the wealthy. In this week’s column Samuel Norman looks at the players looking to call game, set, match. If you want the Centre Court treatment from your bank, you’re going to need to arrive with a [...]

    Breaking news concept with abstract digital elements and world map on a business news website
  • London was once a destination for the young, now it’s a compromise

    Opinion

    New research shows a third of young Londoners expect to leave within two years. The city is pricing out its talent, says Festus Akinbusoye.

    Stunning panoramic view of Londons iconic skyline featuring the Thames River and historical landmarks at sunset
  • Billionaire exodus should not be UK’s headline concern

    Opinion

    Billionaires are good for headlines, but it's what's happening lower down the corporate food chain that interests Susannah Streeter.

    Milan cityscape highlighting non-domiciled residents impact on local economy and real estate trends
  • The UK founder exodus is not just about tax – it’s about tone

    March 23, 2026

    Minus tax, the UK still has the fundamentals to nurture entrepreneurs, but it's presenting itself as a wimpish place to work, writes Sean Bannister.

  • How HSBC and Standard Chartered are riding high on Asia’s wealth

    February 26, 2026

    London’s banking giants are circling the UK’s wealth management pie. But two other top lenders could be carving out a feast 6,000 miles away.  HSBC and Standard Chartered posted hefty bumps to their wealth divisions, driven by a strategic focus on Asia and the Middle East. In financial results shared on Wednesday, HSBC revealed bank-wide [...]

  • Top entrepreneurs demand ‘radical reset’ in new campaign

    February 24, 2026

    Britain is entrenched in a narrative of decline that can only be reversed with a radical political and cultural reset, a group of top entrepreneurs has warned at the launch of a campaign to improve the investment and trading environment for Britain’s fastest-growing companies. Spearheaded by Ovo Energy founder Stephen Fitzpatrick and Founders Factory chair [...]

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

    January 11, 2026

    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 [...]

  • Reeves has instigated a wealth and talent exodus: welcome to REXIT

    December 4, 2025

    This year has seen the biggest single wealth exodus ever recorded, and they are taking an estimated $91.8bn USD out of the country with them, writes Jamila Robertson Rachel Reeves’ now historic Budget carried on where her last left off – bruising business, threatening jobs and further squeezing working people. It raised taxes by £26bn; [...]

  • Sadiq Khan is no Zohran Mamdani

    November 13, 2025

    Mamdani is a young, rising star with no record to defend. By 2028, Sadiq Khan will have been Mayor of London for 12 years and spent a decade in Parliament before that. With his record at City Hall, Khan will need to offer more than the vague promise of ‘hope’, says James Ford Last week [...]

  • Informa boss shifts residency to UAE

    October 31, 2025

    The boss of a FTSE 100 company Informa has shifted his residency to the UAE and stepped back from his role in the House of Lords, to run the data and events firm from what is one of its fastest-growing regions. Lord Carter, who was the founding chief executive of media watchdog Ofcom, has relocated [...]

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