Britain’s millionaires are fleeing. Good night and good luck, I say

Dear Mr and & Mrs Loadsadosh,

I see you are leaving us. According to the people whose job it is to count our resident millionaires (proper millionaires, not just the couple with a gentrified house in Hackney), you’re upping sticks and heading to places more amenable.

Henley & Partners, which makes a fine living cosseting the wealthy, claims that between 2017 and 2023, 16,500 millionaires migrated from the UK. Henley, the “investment migration consultancy”, seems perturbed. “Provisional estimates for 2024 are even more concerning, with a massive net outflow of 9,500 millionaires projected for this year alone,” it says. As fate would have it, fewer millionaires fled Russia in 2022 (as it invaded Ukraine and became a sanctions piñata), than are expected to leave the UK this year.

I don’t know: I am sure some of you are talented, some will sponsor public things in return for an engraved name-check, some will allow a little wealth to trickle down while living high on the hog. Maybe those of........

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