Wealthy individuals have been less drawn to the UK in recent years, a wide-ranging new report has found, as Labour’s approach to fiscal policy is blamed for making the country less desirable.
The annual Wealth Report from Knight Frank found that the global population of ‘ultra-high net worth’ individuals, meaning those with assets of $30 million (£22 million) or more, has surged from 551,435 to a record 713,626 in five years.
