UK news
fromBusiness Matters
3 months agoCity bankers press Reeves to ease non-dom clampdown as wealthy workers exit UK
The end of non-domiciled tax status may drive foreign workers away from the UK economy.
Standout performers included Aradel, up 9.98%, BUA Foods (+5.26%), and Zenith Bank (+1.79%), while sectors like distribution services faced declines.
The Director of Institutional Relations and Parliamentary Affairs for the Balearic Islands, Francisca Ramis, opposed restricting foreign home purchases, emphasizing fundamental rights and free market principles.
Trump's re-election means Chinese investors are looking elsewhere for investment outside of the US market. We predict around $33 billion is up for grabs from Chinese companies in the coming years, and the UK only stands to benefit from this, as a hotbed for tech talent and innovation.
Latvia's highly skilled workforce, with 86% holding secondary or higher education, enhances its appeal. Multilingualism (96% speaking two languages) supports adaptability in international businesses.