Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

Evening Standard

National

Tom Place

Billionaires worth £120bn quit UK as Labour tax rises spark super rich exodus

United Kingdom Chris Rokos David Reuben John Healey Lakshmi Mittal

David Reuben (R) is the latest billionaire to cut ties with the UK - (Dave Benett)

Billionaires with a combined fortune of £120 billion have fled Britain since Labour came to power, new analysis has revealed.

Figures from the Bloomberg Billionaires Index shows more than a dozen billionaires have left the UK for more favourable tax regimes over the past two years, following a series of tax changes from the government to clamp down on wealth.

Sign up to read this article

Read news from 100's of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Kentucky Measles Cases Reach 94, the Highest Yearly Count Since 1991, as Christian County Climbs to 44

Kentucky Measles Cases Reach 94, the Highest Yearly Count Since 1991, as Christian County Climbs to 44

Kentucky's measles count hit 94 on Oct. 5, the most since 1991, with seven hospitalized. See which counties are affected and what families can do.

Trump says he will stop using taxpayer funds for self-promoting ads after backlash – US politics live

Trump says he will stop using taxpayer funds for self-promoting ads after backlash – US politics live

President claims commercials were ‘positive promotion for our Great USA’ but says he will now cover their cost

The Guardian - UK

France earmarks a further €7m to help fight DRC's worst-ever Ebola crisis

France earmarks a further €7m to help fight DRC's worst-ever Ebola crisis

France has decided to allocate an additional €7 million this year to combat the Ebola epidemic currently ravaging the Democratic Republic of the Congo (DRC). This comes as Kenya announced its first-ever death from the disease.

Radio France Internationale

Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird and dozens more cars to pay back fraud victims

Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird and dozens more cars to pay back fraud victims

Clayton Iley pitched a fake Defense Department loan program and used victims' identities to fund 90-plus collector vehicles, prosecutors say.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Trump suggests he would let Iran ‘take out’ Los Angeles or San Diego

Trump suggests he would let Iran ‘take out’ Los Angeles or San Diego

Gavin Newsom calls comments ‘deranged and dangerous’ after president tells Nebraska rally: ‘They can take out a city’

The Guardian - UK

Hundreds of thousands expected as school protests start on ‘day of mobilisation’ across France – Europe live

Hundreds of thousands expected as school protests start on ‘day of mobilisation’ across France – Europe live

Trade unionists, teachers, public sector workers and parents’ groups are expected to join students in marches nationwide

The Guardian - UK

Related Stories

Top stories on inkl right now

Kentucky Measles Cases Reach 94, the Highest Yearly Count Since 1991, as Christian County Climbs to 44

Kentucky Measles Cases Reach 94, the Highest Yearly Count Since 1991, as Christian County Climbs to 44

Kentucky's measles count hit 94 on Oct. 5, the most since 1991, with seven hospitalized. See which counties are affected and what families can do.

Trump says he will stop using taxpayer funds for self-promoting ads after backlash – US politics live

Trump says he will stop using taxpayer funds for self-promoting ads after backlash – US politics live

President claims commercials were ‘positive promotion for our Great USA’ but says he will now cover their cost

The Guardian - UK

France earmarks a further €7m to help fight DRC's worst-ever Ebola crisis

France earmarks a further €7m to help fight DRC's worst-ever Ebola crisis

France has decided to allocate an additional €7 million this year to combat the Ebola epidemic currently ravaging the Democratic Republic of the Congo (DRC). This comes as Kenya announced its first-ever death from the disease.

Radio France Internationale

Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird and dozens more cars to pay back fraud victims

Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird and dozens more cars to pay back fraud victims

Clayton Iley pitched a fake Defense Department loan program and used victims' identities to fund 90-plus collector vehicles, prosecutors say.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Trump suggests he would let Iran ‘take out’ Los Angeles or San Diego

Trump suggests he would let Iran ‘take out’ Los Angeles or San Diego

Gavin Newsom calls comments ‘deranged and dangerous’ after president tells Nebraska rally: ‘They can take out a city’

The Guardian - UK

Hundreds of thousands expected as school protests start on ‘day of mobilisation’ across France – Europe live

Hundreds of thousands expected as school protests start on ‘day of mobilisation’ across France – Europe live

Trade unionists, teachers, public sector workers and parents’ groups are expected to join students in marches nationwide

The Guardian - UK

Our Picks

There's A Reason Taxi Cabs Are Almost Always Yellow

Yellow taxis are easy to spot in traffic, but the color's history goes far beyond simple visibility.

How ‘technoference’ can disrupt parent-child connections

Have you ever been telling someone a story when their phone lights up, and their eyes flicker toward their device?

The Conversation

Holding Lightning by Emily Lordi review – an intimate portrait of Whitney Houston

An empathetic biography of the the singer recasts her tumultuous later career as a triumph of self-expression

The Guardian - UK

Brian May says Queen are retiring from live tours: ‘Maybe 50 years is enough’

Rock guitarist suggested creating an interactive experience for fans similar to the ‘Abba Voyage’ show

The Independent UK

"Lanterns" finds its power in fear

To fulfill his destiny, John Stewart embraces what he was trained to reject — and so should we

Robert De Niro's canine secret leaves Wag the Dog co-star Woody Harrelson shocked

Woody Harrelson revealed his surprise at discovering that his Wag the Dog co-star Robert De Niro owns 18 dogs, two of which starred alongside him in his movie The Alto Knights.

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play