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Market Impact: 0.25

Britain’s Great Wealth Dilemma

Source: Bloomberg

Tax & TariffsElections & Domestic PoliticsInvestor Sentiment & Positioning

Individuals with a combined $160 billion are leaving London, raising questions about the city’s status as a wealth hub. The report places the departures amid Prime Minister Andy Burnham’s effort to balance tax fairness with revenue, but gives no figures on the number of people leaving or the tax impact.

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