Benjamin Stupples, an ultra net worth reporter at Bloomberg, discusses the worrying trend of wealthy individuals leaving London due to new tax policies. Derek Wolbank, senior U.S. economics and government editor, dives into the complexities of U.S. tariff negotiations under Trump's administration. They explore how this exodus impacts the UK economy and the implications of unilateral tariffs. The conversation also touches on Labour’s plans to invest in regions outside London to combat electoral challenges, amid rising tensions in international trade.
