Steel billionaire latest to leave UK ahead of proposed tax squeeze on the ultra-rich

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Move marks the latest high-profile departure amid fears Rachel Reeves’s budget will drive Britain’s wealth overseas

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Billionaire Lakshmi Mittal has reportedly shifted his tax residence to Switzerland after nearly thirty years in the UK, becoming the latest ultra-wealthy individual to head for friendlier fiscal terrain ahead of Rachel Reeves’s budget.

Steel billionaire latest to leave UK ahead of proposed tax squeeze on the ultra-rich

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