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flag UK high-net-worth individuals' economic confidence dropped to 59% in early 2026 due to tax policy concerns and inflation, with many considering emigration.

flag Economic confidence among high-net-worth individuals in the UK fell to 59% in early 2026, down from 66% six months prior and 84% before the Labour government’s recent Budget, according to the Saltus Wealth Index. flag Tax concerns, including frozen thresholds, inheritance and income tax reforms, and pension rule changes, are major drivers, with nearly half of respondents feeling they pay too much. flag Over 25% are considering emigration, citing tax policy as a key reason. flag Inflation remains the top threat to wealth, and younger HNWIs are more confident than those over 65. flag Many are shifting focus to tax efficiency and estate planning, while pension contributions remain low.

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