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UK's ultra-rich feel the pinch from Labour's tax-raising budget

By CNBC   |   Nov 5, 2024 at 07:09 AM EST
UK's ultra-rich feel the pinch from Labour's tax-raising budget

A Ford GT supercar with a Kuwait number plate was spotted in London. Wealthy individuals in the UK are planning to leave due to tax hikes targeting them, including the abolition of non-dom regime and inheritance tax on worldwide assets.

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