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The UK has more billionaires per head of population than anywhere else in the world, according to the new Sunday Times Rich List for 2014. In total, the list discovered that there were 104 billionaires based in the UK, a rise of 26 when compared with The Sunday Times’s 2013 list. Of the 104 billionaires, London is a home to 72 of them – the highest than any other city in the world.
Explaining why London was so attractive to the super rich the Rich List author Phillip Beresford said: “London is the financial centre of the world, it straddles time zones so people can get the best financial advice trade, the tax regime is good and they feel safe here.”
Despite the financial crisis, London seems to be thriving and its reputation as a centre of business, finance and culture has attracted a number of wealthy foreign business people.
Of the lists’ top ten richest billionaires nine of them were not originally from the UK.
This group includes Britain’s new richest men, the Hinduja brothers, whose Hinduja Group conglomerate makes them worth a whopping 11.9bn, as well as last year’s richest man Russian business magnate Alisher Usmanov and Chelsea owner Roman Abramovich. Your thought
http://www.independent.co.uk/news/uk/uk-has-the-most-billionaires-per-population-than-any-other-nation-in-the-world-9350471.html
Explaining why London was so attractive to the super rich the Rich List author Phillip Beresford said: “London is the financial centre of the world, it straddles time zones so people can get the best financial advice trade, the tax regime is good and they feel safe here.”
Despite the financial crisis, London seems to be thriving and its reputation as a centre of business, finance and culture has attracted a number of wealthy foreign business people.
Of the lists’ top ten richest billionaires nine of them were not originally from the UK.
This group includes Britain’s new richest men, the Hinduja brothers, whose Hinduja Group conglomerate makes them worth a whopping 11.9bn, as well as last year’s richest man Russian business magnate Alisher Usmanov and Chelsea owner Roman Abramovich. Your thought
http://www.independent.co.uk/news/uk/uk-has-the-most-billionaires-per-population-than-any-other-nation-in-the-world-9350471.html
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more immigrants
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Coming over here, creating our jobs
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coming over here, spending money and hardly paying any tax
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coming over here creating part time minimum wage jobs and paying little or no corporation tax and if need be cameron providing them with a army of unpaid volunteers, you couldnt make it up
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Coming over here, taking over our football clubs
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Tbf, Philip Green is English born and bred
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Their are companies are worldwide concern and majority of their incomes are generated overseas.They are here because, London is the financial centre of the world, the tax regime is good and they feel safe here.
On the other hand they spend their money over here buying houses, luxury products, education for their childrens etc. The question is are they any good for British economy / British taxpayers? |
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They are here for tax reasons and lifestyle. Any better tax havens have fook all to do in them exept build sandcastles. We should be hammering these wales as they want to live here.
If they dont like it fook off to some sandy atol and see how exciting that is, how michelin star restuarants you go to and how well educated your kids are taught in a hut |
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Whales!
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Have the Hinduja brothers got their British Passports yet?
If they have lets hope Peter Mandelson and Keith Vaz got their cut! Oh and they paid tax on it. |
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"We should be hammering these whales as they want to live here"
How short sighted. ..X% of something is better than 2xX% of nothing, something the thick b*stards in Labour couldn't work out in the 70s. Not to mention the money they, their family, and assistants will spend in the economy. A country with a pile of rich people spending money they have earned elswhere is going to be economically better than a country without them. They would also be strongly inclined to move employees and offices here to be close who will also pay tax, fund the economy etc. Still, certain types of people will always envy and hate them... |
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Where does it say they spend any money here?
Except buying up houses of course |
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you havent seen Abramhovic down sainsburys or honest Al's used car salesroom
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buying up so much investment property that price rises mean the average jo can't afford to live in the capital.
Leaving most of the properties empty or with tenants paying exorbitant rents. In summary: Pulling our trousers down and helping themselves to our bottoms. |
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Romance Abramovich would now like his backdated rent money.
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Hey these guys save themselves millions by living here with little bonus have access to finest food, music, opera, education, short hop to the med all they ask is that you pay an extra 100k for your house while the wine and dine your elected politicians.
They are the good guys remember!! Who are the oppressors? The few: the King, the capitalist, and a handful of other overseers and superintendents. Who are the oppressed? The many: the nations of the earth; the valuable personages; the workers; they that make the bread that the soft-handed and idle eat |
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you,ve got laugh at the loons on the right who peddle this myth that these higher taxpayers are happy to pay 40,45% tax but resent paying 50% and over , on the day we find out barlow and his gang have avoided paying upwards of 20 million quids worth,think you,ll find their tax is nearer to 5% or less rather than 45%, experts claim there could be 45 billions worth of unpaid tax
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in the list are Barclay Brothers and Branson. neither of these pay tax in uk i think and some of the companies havent either. 0% tax rate is more like what these guys pay
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Where does it say they spend any money here?
Except buying up houses of course _____________ which is bad for all of us pushing up rent and house prices  so no real benefit i'm afraid to having a nation of super rich immigrants |
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London one of the last places I'd want to live if I was a billionaire
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