Britain cannot afford to scare foreign residents away

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Somerset town of Bruton has a number of wealthy homeowners, including the former chancellor George Osborne, who in 2015 took the first steps towards abolishing Britain’s non-domiciled tax regime for foreign residents. Until recently,…

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Hotels, beauty, well-being: the new playing fields of luxury

By AFP Published July 4, 2025 Faced with a clientele increasingly attracted by the luxury experience rather than by products, the sector’s major groups are turning to very high-end tourism, according to a KPMG study published on Thursday. The Bulgari Hotel RomaCourtesy “Luxury residences, gourmet restaurants or cafés created in partnership with top chefs, exclusive…

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London IPO fundraising falls to 30-year low

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Fundraising from initial public offerings in London has tumbled to its lowest level in at least 30 years, in a stark sign of the waning attractiveness of the UK’s equity markets for companies and investors….

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