Exodus?

Concerns have been raised about the way the UK Labour Government's new laws on non-domiciled persons have been introduced so suddenly and how they will impact the British economy, and notably financial businesses based in London, such as hedge funds. Many are worried about the potential damage of an exodus of wealthy foreigners; others applaud the bold move and consider it is only fair. We do not believe the proposed change in the law is fair to middle Britain as it neither resolves the unfair taxation regime that benefits foreigners, nor will it bring in more money for the Government to ...