The Latest Breaking News from New World Wealth

Millionaires may not be fleeing the UK in droves – but there are reasons these stories persist

News stories in recent months have claimed that more than 16,500 millionaires are expected to leave the UK in 2025 due to the country’s increasing tax burden. Notably, the abolition of “non-dom” tax rules has been touted as one of the reasons for this “millionaire flight”. It might seem that…

The Conversation · Aug 26, 2025

Super-rich flee London: Capital suffers biggest exodus of millionaires in the world, new study shows

Tax rises, Brexit and a weakening pound to blame for 11,300 millionaires leaving the city in just 12 months

Evening Standard · Apr 9, 2025

More than 10,000 millionaires have left Britain, analysts say

Taxes, and the power of the US and Asia in the global hi-tech sector are among ‘multiple complex drivers’, according to the New World Wealth firm.

Evening Standard · Jan 18, 2025