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Home World Europe

Reeves blasted over Davos investment drive while millionaire non-doms desert the UK

19 January 2025
in Europe
0
Reeves blasted over Davos investment drive while millionaire non-doms desert the UK
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Labour’s Rachel Reeves has been criticized for trying to attract foreign investment at Davos while new data shows a millionaire leaves the UK every 45 minutes. The exodus of millionaires is attributed to tax changes, leading to a net loss of 10,800 millionaires in 2024. Despite efforts to boost investment, the party’s tax policies have discouraged wealthy individuals from staying in the country.

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Tags: BlastedDavosDesertDriveInvestmentmillionairenondomsReeves
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