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wealth exodus

  • Hedge fund billionaire Chris Rokos joins UK wealth exodus 

    Wealth

    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 [...]

    Chris Rokos, a man with glasses and a beard, smiling in a dark zipped sweater against a grey background.
  • John Caudwell: I backed Labour, but they haven’t kept their promises

    Opinion

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

    John Caudwell, bald man in black shirt and glasses, smiling, leaning on a desk with window garden background.
  • Here’s how Britain can woo back the world’s wealthy

    Opinion

    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 [...]

    Image of yachts in a marina - the boats have traditionally been the preserve of the super rich
  • 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.

  • Billionaire exodus should not be UK’s headline concern

    May 20, 2026

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

  • 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 [...]

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