Financial executive Andrew Thirkill threatens to leave the UK over tax policies

British multimillionaire Andrew Thirkill has threatened to leave the UK following tax increases introduced by the Labour government. The Daily Mail reported on 7 November 2026 that Thirkill warned the country cannot endure another five years under the current administration. He stated that the government's approach creates an environment where greater success brings bigger problems. [1]

Thirkill is the co-owner and founder of financial services firm Sovereign Life. The Daily Mail reported that he is estimated to be worth £175 million. He argued that business leaders and wealthy individuals currently have no incentive to remain in the UK due to repeated tax hikes. [1]

The businessman criticized the economic trajectory of the UK, claiming that the policies have placed the country into a severe downward trajectory. His warnings add to growing debates regarding high-net-worth individuals relocating their assets and residences out of the country. [1]