The Times spoke about the exodus of millionaires from Britain due to tax policy

The UK is leaving the record number of dollar millionaires because of the updated tax policy of the Labor Party. The Times reported on January 18.

"Since the announcement of the general election, one dollar millionaire has left Britain every 45 minutes," the publication said.

The newspaper, referring to the calculations of the analytical firm New World Wealth, noted that the UK has lost almost 11 thousand millionaires in 2024. The outflow is mainly in the UAE, Italy and Switzerland.

Earlier, January 14, it became known about the growing number of dissatisfied with the work of British Prime Minister Keir Starmer Britons. According to research by the British company YouGov, 64% of Britons believe that British Prime Minister Keir Starmer is poorly coping with his official duties, 12% of respondents could not give an assessment of Starmer's work, and only 24% of participants supported him.

In late October 2024, former British Chancellor of the Exchequer Jeremy Hunt criticized the country's draft state budget. He noted that the reduction in compensation for utility services in winter, stated in the draft, could have a negative impact on British pensioners.

In August, British Prime Minister Keir Starmer said about the economic and social hole in the British budget, the state budget deficit of € 25.8 billion, according to Starmer, due to the ineffective work of the previous government of the country led by Rishi Sunak.

At the time, it was reported that the approval rating of the British Prime Minister has fallen by 26% since July 4, when the Labor Party led by him won the parliamentary elections.