Emeritus Prof Christopher May on Nostr: Paul Donovan (chief economist/ UBS global wealth management) notes in the FT: 'The UK ...
Paul Donovan (chief economist/ UBS global wealth management) notes in the FT:
'The UK has the third-highest number of dollar millionaires after the US & China and . . . for a country the size of the UK or even the economy the size of the UK, that’s a quite remarkable statistic'...
In other words we have more than our share of 'nomadic' millionaires. But they've been leaving for some time; between 2017-2023, net.16,500 left the UK.
why? Brexit, says UBS!
Good riddance, I say!
#inequality
'The UK has the third-highest number of dollar millionaires after the US & China and . . . for a country the size of the UK or even the economy the size of the UK, that’s a quite remarkable statistic'...
In other words we have more than our share of 'nomadic' millionaires. But they've been leaving for some time; between 2017-2023, net.16,500 left the UK.
why? Brexit, says UBS!
Good riddance, I say!
#inequality