Higher Earners: Emigration Debate

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Department: HM Treasury
Thursday 21st May 2026

(2 months, 1 week ago)

Lords Chamber
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Lord Livermore Portrait Lord Livermore (Lab)
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This Government have been very clear that we will close down any tax loopholes that we can while ensuring that the tax regime remains highly competitive. That is exactly what we are doing.

Lord Bellingham Portrait Lord Bellingham (Con)
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The Minister talked about celebrating entrepreneurs and business creation. According to City A.M., nearly 6,000 British business owners have quit the UK over the past two years. Why is this?