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flag Over 10,000 millionaires have left the UK in 2024, citing Labour's tax plans and other concerns.

flag More than 10,000 millionaires have left the UK in the past year, driven by concerns over Labour's tax plans and increased taxes on wealthy non-domiciled residents. flag This exodus has accelerated since the Labour Party took power, with the UK losing a net 10,800 millionaires in 2024, a 157% increase from 2023. flag The departure of wealthy individuals is also linked to the growing dominance of the US and Asia in tech, the decline of London's stock exchange, and issues with the UK's healthcare system.

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