Wealthy individuals are leaving the UK following Chancellor Rachel Reeves’ Autumn Budget, which introduced £40 billion in tax rises, including freezes on income tax thresholds, higher National Insurance, and increased capital gains tax rates. As a result, 21% of people are considering leaving the UK due to higher taxes, prompting a significant loss of business revenue. Popular destinations for relocation include the United Arab Emirates, Singapore, and the USA, with Portugal’s ‘golden visa’ program also attracting interest from those seeking lower tax regimes.
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Elon Musk claims cyber attack on social network X came from ‘Ukraine area’
Elon Musk claimed a cyber attack on his social media platform X originated in Ukraine, leading to outages and business troubles, including Tesla's stock falling 15%. SpaceX lost a rocket, Starlink contracts were cancelled, and protests erupted over Musk's role in cutting government contracts. Musk criticized US aid to Ukraine, calling Senator Mark Kelly a "traitor" and advocating for the US to leave Nato. Full Article
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