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The Independent UK
The Independent UK
Millie Cooke

Brexit to blame for London’s millionaire exodus, Lisa Nandy claims

Brexit is to blame for the exodus of millionaires plaguing London, the culture secretary has claimed, vowing to get “a far better deal with the European Union that makes sure that we can continue to support British business”.

It comes after a report found that London is no longer one of the top five wealthiest cities in the world after losing a higher proportion of millionaires than anywhere other than Moscow.

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