Britain’s highest taxpayers have been drifting offshore since the non-dom regime was scrapped in April 2025 and inheritance tax was extended to worldwide assets.
This shift is already visible on the Sunday Times lists: six of the 2026 Tax List’s top 100 (including Revolut’s Nik Storonsky) had left in the previous year, the compiler noted that one in nine names on that list were no longer UK-resident, and the companion Rich List dropped dozens of foreign billionaires while recording a sharp rise in British nationals now based in Dubai, Switzerland and Monaco.
But, the latest news is likely the most disturbing to the increasingly socialist government as the UK's 3rd largest taxpayer - hedge fund founder Chris Rokos - is set to leave.
The star trader paid a stunning £330 million ($447 million) in taxes last year...
That's one hell of a hole for Burnham and his buddies to fill.
As Bloomberg reports, Rokos is the latest in a string of high-profile financiers and business leaders that have opted to leave.
Since winning the general election in 2024, Labour h
