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      UK economy grew unexpectedly after Burnham took over as Prime Minister

      Andy Burnham, Mayor of Greater Manchester, speaking with hands gesturing, wearing a suit and glasses.

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wealth exodus

  • Wetherspoon boss Tim Martin attacks government’s ‘unfriendly’ attitude to business

    Politics

    Wetherspoon boss Tim Martin has said he is “very concerned” by the wealth exodus gripping the UK as he hit out at Labour’s “unfriendly” attitude towards entrepreneurs.  The pub tycoon said it is “madness” to blame the number of ultra-rich businesspeople leaving the country on anything other than the business conditions created by the government.  [...]

    Wetherspoon chairman Tim Martin smiling in a red sweater outside a pub with ON THE FIVE sign
  • One of Britain’s biggest taxpayers has left – who can replace Rokos?

    Opinion

    Christopher Rokos was Britain’s third largest individual taxpayer last year, handing over an estimated £330m. Now he’s moved to Greece and no British government seems to have a plan to replace that revenue, says Damian Pudner So, Chris Rokos is off to Greece. For those who don’t know the name, Christopher Rokos is one of [...]

    Chris Rokos, a man with glasses and a beard, smiling in a dark zipped sweater against a grey background.
  • Tax crackdowns means high net worth Brits continue to mull UK exit

    Tax

    UK millionaires continue to keep their options open with a high percentage having considered leaving the UK over high taxes, according to a survey, deepening fears that the government has relied too heavily on the wealthy to boost receipts and fund higher expenditure.  An in-house survey by the Wealth Club, which provides advice to rich [...]

    An annual property tax would be charged on houses over £500,000
  • Hedge fund billionaire Chris Rokos joins UK wealth exodus 

    September 7, 2026

    The hedge fund billionaire Chris Rokos has joined the ranks of ultra-wealthy residents in leaving the UK, in a decision likely to cost the government billions of pounds lost tax revenue. Rokos, the founder of his namesake investment firm Rokos Capital Management who paid more than £300m in tax last year alone, is leaving the [...]

  • John Caudwell: I backed Labour, but they haven’t kept their promises

    September 4, 2026

    We should be making it easier for entrepreneurs to invest, employ and expand. Instead we are giving them more reasons to look elsewhere.

  • Here’s how Britain can woo back the world’s wealthy

    September 2, 2026

    Britain has the lowest number of millionaires since the financial crash but Andy Burnham seems to have plans to stem the tide. Here’s what he should do, according to James Hodgkinson The sad truth is that Britain is getting poorer. Last year saw the number of UK millionaires reach just 442,000. A grim milestone, and [...]

  • The decline of Harvey Nichols is a tale of London’s decline too

    August 21, 2026

    The decline and fall of Harvey Nichols is not just another business story. It is a warning about the crisis engulfing London’s high streets.

  • Britain has the lowest level of millionaires since the financial crisis – and that’s no accident

    July 28, 2026

    The number of millionaires in Britain has sunk to its lowest level since the 2008 financial crisis. Rich residents aren’t just fleeing because of policy choices like high levels of tax and the removal of non-dom status, but also a cultural hostility to wealth, says James Lawson It is no secret that the wealthy and [...]

  • Banks woo the wealthy to ace stable income streams

    June 17, 2026

    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 [...]

  • London was once a destination for the young, now it’s a compromise

    May 29, 2026

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

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