Coutts, the NatWest-owned private bank reputed to have the British monarch as its client, has raised its minimum client threshold from the previous £1 million to £3 million (€3.44 million, $4.05 million) in available assets (investments or cash savings). This shift reflects its strategy to focus on serving high-net-worth individuals. In effect from April 2026, […]
UK Chancellor Rachel Reeves faces increasing fiscal pressure amid rising borrowing costs which is challenging the budget borrowing limits. With Labour government having ruled out both, further tax increases and further spending cuts, alternative revenue sources are under scrutiny. Campaigners propose taxing the super-rich to raise funds without affecting working families, though critics warn this […]
The UK government’s recent reform of the non-domicile tax regime is resulting in a marked decline in high-end tax receipts and placing increased strain on public finances. The revised policy has triggered the departure of numerous ultra-high-net-worth individuals (UHNI) who previously contributed a disproportionate share of the UK’s tax revenue. Recent fiscal data indicates a […]
