Profit margins and share ratings in the UK have slumped over in three years, as the country has struggled to reassure investors that it can service its debts. In his budget, Chancellor Jeremy Hunt struggled to show that the UK can afford a 2p tax cut to appease his followers. His abolition of non-domicile tax status could add to an exodus of wealthy investors which was an unusually high 3,200 in 2023 according to Henley & Partners.
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