Dave Brooks

@pensionsdave.bsky.social

Pensions pensions pensions (and whimsy, probably same as the other place).

Look whose house in London I just walked past. Only the most important physicist between Newton and Einstein. Distilled all electric and magnetic phenomena into one neat set of equations. Realised light is a disturbance rippling through the invisible electric and magnetic fields of empty space.

BildBild

Hey, I am looking for your questions around pensions for next week’s Money Box Live. Maybe you’re 18 and wondering what age to start, maybe you’re 50 and getting a bit anxious. Maybe you want to check your investments are ethical. Maybe something else entirely! Email me felicity.hannah@bbc.co.uk

Growth isn’t about abstract figures that only matter to economists. Growing the economy is how we get wages up and public services delivering in Wales and across the UK. The Chancellor is right. It’s time we get building again.

I can't decide what's more terrifying: 1. the nightmare news that *0.33%* of our millionaires have left the country, or 2. the horrifying tidings that ***0.5%** of pupils have left the private sector. (h/t @samfr.bsky.social) It's almost as bad as the bond market-driven collapse of our economy.

Jim Pickard@pickardje.bsky.social · 2y ago

you have to ask - again - whether they understand that 10,000 is a barely significant rounding error in a country with 3 million millionaires

Labour's tax plans trigger exodus of millionaires
Huge rise in rich quitting UK since election
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general election was called. Since that moment one milbionaire has left Britain
Tom Saunders
A recond number of
millionaires
sour's tax plans
are culing
the coonomy
The Treasury is facing calls to reven
cradulown
non-Comicked
residents as the scale of the exodus becomes dear
Tax advisers also report that growing beading for the exit after the tax rises
announoed in the auturn budest.
In total, Beitain lost a net 10800 milionaires last year, a 157 per cont ncrease on 2023 more wealthy resi
Jents than any other country except
*TH 2021 Fil Revenue & Customs
said there were 74,000 non-doms in the
witho
£30000 annual fee to leep offshore income
and gains
Labour will abolish this centuries-old regime, replacing it with a less ger residence-based system that will also subect current non-doms overseus
assets to UK inheritance tax (IHT) for the first time,
A survey of more than 700 non doms or their
tax
advisers
Oxford
Economics
nearly
teamere forning tokened Kor
considering doing so because of the changes. Most said the principal motivation was the introduction of IHT on
Chit the cuat buniter that moncu
out is even higher because the net egure takes into account the million. aires who arnwed in the OX
mainly
Emirates, was especially large among the UKy richest
E100 million es thore that least
leaving last year.
talbonaire
• figures, compded ty New Workd Wealth a cloce analytics tirm. thow that the evodus accelerated after the
with any
other jurisdictions not levying the tax at all or having more generous reliefs bilty (OBR) estimates that between 12 and 25 per cent of son-doms will go. If icant impact on the cconomy but…