Comment on UK: Hands and Odey to quit UK over tax

UK: Hands and Odey to quit UK over tax

The UK economy faces further defections due to the introduction of the higher tax rates in the Budget as private equity boss Guy Hands and hedge fund chief Crispin Odey became the latest financiers to be linked with moves offshore. Reports this weekend suggested that Mr Hands, whose group Terra Firma owns music company EMI, had already moved to Guernsey, while Mr Odey of Odey Asset Management was considering abandoning Britain.

 

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