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Why is billionaire Lakshmi Mittal leaving UK after 3 decades?
short by Vaishnavi Mishra / on 24 Nov 2025,Monday
Billionaire Lakshmi Mittal is reportedly leaving UK after nearly three decades as the government weighs tax changes targeting the super-rich. The abolition of "non-domiciled" tax status, which allowed wealthy residents to pay tax only on income earned within UK is possibly the reason Mittal is moving out of the nation. Inheritance tax is also a key factor behind the move.
short by Vaishnavi Mishra / 11:54 am on 24 Nov
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