Non-dom exodus could blow ‘black hole’ in public finances June 2, 2025 At least 10 per cent of the UK’s non-doms left the UK last year following Rachel Reeves’ crackdown on the tax status, new research claims, a rate which if continued into this year would wipe out the Chancellor’s fiscal headroom. According to the Chamberlain Walker study, conducted by former Treasury economist Chris Walker, a minimum [...]
The Last Leg star Josh Widdicombe enjoys £1m boost after Strictly Come Dancing turn May 22, 2025 Comedian Josh Widdicombe has enjoyed a boost of almost £1m over the last year after performing on Strictly Come Dancing, it has been revealed. The presenter and actor, who is best known for his appearances on The Last Leg, saw the assets of his company rise to £5.1m in the year to 31 March, 2025. [...]
Wealth managers must get ready for the great wealth transfer May 19, 2025 | City Talk With the UK on the verge of a historic great wealth transfer, wealth managers must get ahead now, writes Rhodri Preece.
Rory Sutherland: Capitalism is ‘unbelievably tedious’ and ‘needs a rebrand’ April 1, 2025 Capitalism is "unbelievably tedious" and should be rebranded for people to fight for it, marketing veteran Rory Sutherland has said.
Rupert Grint: Harry Potter star’s fortune swells ahead of hefty tax bill March 26, 2025 The fortune of Harry Potter star Rupert Grint jumped to more than £30m in the year before being hit by a hefty tax bill, it has been revealed. The actor’s wealth has increased from £27.7m to £30.6m, according to new accounts filed with Companies House for the 12 months to 31 March, 2024. The total [...]
Households feeling poorer despite wealth jump March 7, 2025 Six in ten UK households do not feel financially comfortable despite their wealth having risen by an average of 12 per cent in the last year thanks to better savings rates and good investment performance. According to a fresh study looking at wealth across Britain, the mean household has seen its assets – spanning savings, [...]
Abrdn changes name back to Aberdeen and swings back to profit March 4, 2025 Abrdn has rounded out a bumper year with a return to profit and a total revamp of its brand. The company announced it will change its name back to Aberdeen as it begins the search for its next chairman, who will succeed Sir Douglas Flint. Group chief executive Jason Windsor said: “We are changing our [...]
Nine in ten six-figure earners say they are not wealthy February 26, 2025 An annual income of £213,000 has been declared the benchmark for ‘wealth‘ according to new research from HSBC. HSBC UK’s new report ‘Your Money’s Worth: Defining Wealth in 2025’ revealed nine in 10 high earners do not consider themselves wealthy, with only one per cent of the population identifying as so. The top four per [...]
Criticising ‘wealth hoarding boomers’ is ageist stereotype, MPs warn February 19, 2025 Criticism of older people as “wealth hoarding boomers” is a form of ageist stereotyping, a report by MPs has warned. Ageism is “widespread and culturally embedded” in the UK and discrimination laws are currently “failing” older people, the MPs have said. The Women and Equalities Committee of MPs concluded the UK has a “pervasively ageist [...]
Labour has sucked the confidence out of wealthy Brits February 13, 2025 The government defines a high net worth individual as someone with an income of at least £170,000 and net assets of more than £430,000. Such people are undoubtedly in a comfortable position, but are hardly reaching non-dom status. Indeed, those just meeting the government’s definition would be politely turned down for a bank account at [...]