Rich plot exodus from Britain to escape Labour's wealth tax raids which risk hitting investment while drivers brace for fuel duty hikes - and Rachel Reeves orders Whitehall to draw up massive public spending.
01:51, 29 August 2024 .
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Millionaires are looking to flee the UK in their droves to escape Labour's tax raids - with a record number of wealthy Britons tipped to leave the country this year.
Advisers to the UK's richest households told yesterday how phones are ringing off the hook as their clients rush for the exit, as Chancellor Rachel Reeves plans to hike levies in its autumn Budget on October 30.
It follows Keir Starmer's speech this week in which he painted a woeful picture of the state of the country's economy, referring to financial 'black holes', as he braced the UK for a difficult Autumn budget. Mail.
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