Episode Details
Back to Episodes
Enda Brady: UK correspondent on billionaires fleeing the UK amid rising tax pressures
Published 11 months ago
Description
Britain has lost more billionaires than any other nation over the past two years, and there's fears a tougher wealth tax could drive these figures up.
New research has found the UK lost nearly a quarter of its billionaires between 2023 and 2024, with many of the UK's wealthiest individuals moving their tax residency to low-tax jurisdictions.
UK correspondent Enda Brady says many of these rich-listers have moved to places like Switzerland, Monaco and Dubai - which have far more favourable tax regimes.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.