Back to today’s briefing

Story perspectives

Study Reveals Only 9,500 Millionaires Leaving UK Post-Election

6/11/2025

42 7

Summary

Story summary

A recent study by the Tax Justice Network debunks the anticipated "millionaire exodus" from the UK after Labour's election victory. Contrary to sensational media reports, only 9,500 millionaires, just 0.3%, are actually departing. The report also calls out flaws in Henley & Partners' methodology, urging a careful approach to understanding millionaire migration and its tax implications.

1 of 1

Story summary

A recent study by the Tax Justice Network debunks the anticipated "millionaire exodus" from the UK after Labour's election victory. Contrary to sensational media reports, only 9,500 millionaires, just 0.3%, are actually departing. The report also calls out flaws in Henley & Partners' methodology, urging a careful approach to understanding millionaire migration and its tax implications.