Lakshmi Mittal leaving UK as Labour Party prepares major tax hit on wealthy: Report

Nov 23, 2025 - 07:45
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Lakshmi Mittal leaving UK as Labour Party prepares major tax hit on wealthy: Report
Indian-origin steel magnate Lakshmi Mittal is leaving the UK as Labour prepares major tax hikes targeting the wealthy, as per a report. Now a Swiss tax resident, Mittal plans to spend more time in Dubai, where he has expanded his property investments.

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