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Searched Tag: uk rich tax

Britain’s economy, the world’s sixth-largest, has underperformed its long-run average since the global financial crisis of 2008-2009, and the centre-left Labour Party government elected in July 2024 has struggled to deliver promised economic growth

Steel magnate Lakshmi Mittal quits UK ahead of tax hike

November 25, 2025, 04:08 PM - 4 min read

With Britain’s Labour Party set to tax the rich, in what it says is a one-off dose to fix public finances, Indian-origin steel magnate Lakshmi Mittal is set to quit the UK for Switzerland and Dubai

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