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Evening Standard

Business

Jonathan Prynn

DARK SECRETS: Rachel reeves wants to eat the rich but london needs a better boost | Vintage Vibes

Rachel Reeves London Budget BusinessLDN Molior West End

The confident Australian mooring his sleek and polished Succession-style motor launch on the shores of Lake Como in northern Italy could not have been clearer.

“I’m one of those non-doms, mate. I love London, I didn’t want to leave, but I’m 73. I’ve got a big farm in Australia and I can’t stand the thought of my kids having to sell and hand 40 per cent over to your government to pay the inheritance tax when I’m gone. So now I live in Italy, I’ve got George Clooney as a neighbour, life is not too bad.”

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