Wealthy people are increasingly choosing to live in Italy, Greece and Switzerland, while the UK, Germany and France are finding it harder to retain them, according to a new report.

Europe's ultra-rich population has surged by a quarter over the past five years. On average, more than 20 people join the continent's $30m+ wealth club every day, while 89 people…

Wealthy people are increasingly choosing to live in Italy, Greece and Switzerland, while the UK, Germany and France are finding it harder to retain them, according to a new report.