Labour government
Why Billionaire Lakshmi Mittal Is Leaving the UK: Inheritance Tax Concerns Drive Steel Tycoon to Dubai
Nov 24, 2025 09:02 pm CST
Steel magnate Lakshmi Mittal is reportedly leaving the UK for Dubai due to new tax reforms eliminating the non-domiciled status. With a net worth of $21.4 billion, the ArcelorMittal chairman joins other wealthy individuals departing Britain as the Labour government prepares to implement inheritance tax changes targeting high-net-worth residents on November 26.
Lack Of Replacement Options Keeps UK PM Keir Starmer Safe, For Now
Sep 16, 2025 04:32 pm CST
Talk of replacing Prime Minister Keir Starmer as leader of the Labour Party has spilled into the open, but the lack of a plausible replacement may keep the rebels at bay for now.