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International Business Times UK
International Business Times UK
National
Ria Pathak

UK Tax Exodus Fears Return as £330m Taxpayer Chris Rokos Leaves Britain Under Labour

Chris Rokos, 55, is worth an estimated £2.3 billion ($3.13 billion) and runs a hedge fund looking after more than £22 billion ($29.72 billion) in the UK (Credit: LinkedIn/Chris Rokos)

Fears of a UK tax exodus have returned after billionaire hedge fund manager Chris Rokos, Britain's third-highest individual taxpayer, reportedly prepared to move his tax residency to Greece.

Rokos, who paid around £330 million ($446 million) to the Treasury last year, is expected to establish an office in Athens as Labour Chancellor John Healey prepares his first budget.

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