Following the Sunday Times Rich List announcement that the UK has now attracted over 100 of the world's Billionaires to live here, George Osborne has announced a new policy of, not only exempting them from U.K. tax, but also awarding them a special £10m p.a. grant (funded by the UK tax payer) to encourage them to stay.
We desperately need these magnificent people in London to encourage the poor to work harder" he said, “I cannot praise enough the excellent work done by my cabinet colleagues and HMRC who have worked tirelessly to achieving this magnificent result. We are making the UK such a wonderful country to live in. It is just like the ‘good old days’ and we are achieving our dream so much faster than anyone though possible.