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The Business
The Times
Why are the super rich leaving Britain?
SEP 16, 202633 MIN
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Description
Are wealth creators fleeing Britain, and what does a super-rich exodus mean for Treasury tax revenues and the wider UK economy?
In this episode of The Business, Hannah Prevett investigates why high earners are leaving the country and whether changes to non-dom status are accelerating the trend. She is joined by Dan Neidle, tax lawyer and founder of Tax Policy Associates, and Robert Watts, Times contributor and compiler of the Sunday Times Rich List.
Together, they explore high-profile departures, including hedge fund founder Chris Rokos, who paid £330m in UK tax in a single year. They examine how abolishing non-dom rules, rising inheritance tax, and proposed exit taxes impact capital investment across British business. And as ministers prepare their upcoming budget, Hannah asks how government fiscal policy can retain top talent in the country, protect tax receipts, and drive long-term economic growth.
Presenter:
Hannah Prevett, associate business editor at The Sunday Times
Guests:
Dan Neidle, founder of Tax Policy Associates
Robert Watts, Times contributor
Producer: Hope Federico
Executive Producer: Emily Leahy and Miriam Hall
Video Producer: Bronwen Latham
Image: Getty
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