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Evening Standard
Evening Standard
Business
Jonathan Prynn

UK forecast to suffer world's biggest exodus of millionaires in 2025

London has the UK’s biggest concentration of millionaires - (Getty Images)

Britain is on course to lose more millionaires than any other country in the world this year as the wealth exodus picks up pace, it was claimed today.

The annual Wealth Migration Report from Henley & Partners, a firm that advises affluent clients considering relocating, said high tax rates, particularly the abolition of the non dom regime, combined with sluggish economic growth were the biggest factors driving rich people away.

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