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Evening Standard
Evening Standard
Politics
Bill Bowkett

London's decade-long millionaire exodus may be as damaging as losing 1.5 million taxpayers, analysis suggests

London’s exodus of millionaires over the past decade may have been as damaging as the United Kingdom losing nearly 1.5 million taxpayers, analysis for The Standard suggests.

The capital has lost 30,000 millionaires to foreign countries since 2014, with more than 11,000 leaving in the last 12 months alone.

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