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The Guardian - UK
The Guardian - UK
World
Libby Brooks

Friday briefing: Would a wealth tax save our public services or be billionaire repellent?

A handmade cardboard sign reading
Campaigners calling for tax changes during the World Economic Forum meeting in Davos, Switzerland, in January 2024. Photograph: Dpa Picture Alliance/Alamy

Morning pals, and let’s join in a heartfelt ευχαριστώ (thank you) to hedge fund billionaire Chris Rokos for the estimated £330m he paid to the UK Treasury last year, and sadly won’t be contributing in future as he’s relocating to Greece.

The publicity shy tycoon (and former Tory donor) has not made explicit his reasons for leaving the UK: so one can only speculate Rokos may be drawn by the noted health benefits of the Mediterranean diet, or the Greek government’s attractive €100,000 flat tax for overseas investors.

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