Millionaires may not be fleeing the UK in droves – but there are reasons these stories persist

By Rowland Atkinson, Professor and Research Chair in Inclusive Societies, University of Sheffield
Sharda Rozena, Leverhulme Early Career Fellow, School of Geography and Planning, University of Sheffield

News stories in recent months have claimed that more than 16,500 millionaires are expected to leave the UK in 2025 due to the country’s increasing tax burden. Notably, the abolition of “non-dom” tax rules has been touted as one of the reasons for this “millionaire flight”. It might seem that…

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