Who wants to be a millionaire? Everyone, obviously. But in London? Not so much. Labour’s plan to tax the rich until they bleed may well have been a vote-winner, but it’s having an all-too-predictable side effect — all the ultra-high net-worths are all ultra-speedily sodding off, forming a stampede abroad to sunnier climes, and less hostile environments.
According to a report by investment advisors Henley & Partners, 9,500 millionaires are expected to leave the UK this year, more than double the record-breaking number last year.
