Brexit and the Consequences

[Atilla]

If you want to blame someone or something for the exodus At', I suspect the inclement U.K. weather is far more likely to be the primary explanation rather than Brexit. Just sayin'!
😉

You may have a point as the article doesn't say what the exodus numbers were, prior to Brexit. 🤔

 

[Atilla]

UK Finance Cenre taking a real hit since pos

London’s Wealth Exodus​

by Andrew Amoils​

Https://www.henleyglobal.com/publications/henley-private-wealth-migration-report-2024/londons-wealth-exodus

TIME TO PAY UP....or just leave the UK?

Notably, during the six-year period from 2017 to 2023 post Brexit the UK has lost 16,500 millionaires to migration. Provisional estimates for 2024 are even more concerning, with a massive net outflow of 9,500 millionaires projected for this year alone.

The top destination cities for millionaires leaving the UK in 2024/2025 are expected to include Paris, Dubai, Amsterdam, Monaco, Geneva, Sydney, and Singapore, as well as retirement hotspots such as Florida, the Algarve, Malta, and the Italian Riviera.

The Exodus is also being felt by the LSE listings and IPO's as well. London was the centre of finance and now it's all going to to NY or EU.

Lots of articles citing US as being the new centre.

The US have played a very clever hand which our strategic leaders have failed to see. First Brexit and then Ukraine war with the EU siding with uncle Sam. I hope people can look out of their fish bowls and see the bigger picture.

'Everyone Should be Talking About What's Happening with the Stock Market'

The FTSE 100 has been underperforming since Brexit and a leading financial writer says not enough is being done to fix it.

bylinetimes.com