‘I reside in Monaco’: billionaire said to have quit UK over potential wealth tax had already left 07. October 2026 (19:00) TaxWatch contradicts claims about David Reuben’s departure and questions stories of super-rich exodusApparent exodus of super-rich suggests UK is no longer billionaires’ playgroundWhen the Sunday Times broke the news that David Reuben, one of the richest men in the UK, had apparently fled to the tax haven of Monaco, there was much pearl clutching. Reuben had moved from his Holland Park house in London to live full-time in the principality.Labour’s tax regime was blamed and there were said to be fears there would be a cascading effect across the economy, with wealth draining from the UK. It was reported that he had probably left because of potential taxes on wealth in the upcoming budget. Continue reading...(The Guardian)
Paxton admits Trump’s Iran war and US gas prices are plaguing Republicans in leaked audio 07. October 2026 (18:36) Texas attorney general acknowledged affordability was his party’s ‘biggest problem’ heading into the midtermsUS politics live – latest updatesKen Paxton, the Texas attorney general running as the Republican candidate in a competitive Senate race, admitted privately that rising fuel prices as a result of Donald Trump’s Iran war were hurting his party before the midterms in the latest leaked audio recording.Asked what issues were “dragging” his campaign at a closed-door fundraising event, Paxton replied, “It’s not tariffs … it’s the war, it’s gas prices, it’s diesel,” according to an audio recording shared with Axios. Continue reading...(The Guardian)
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