{"id":144393,"date":"2025-11-20T08:17:16","date_gmt":"2025-11-20T08:17:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/144393\/"},"modified":"2025-11-20T08:17:16","modified_gmt":"2025-11-20T08:17:16","slug":"rachel-reeves-businessman-slams-labour-for-persecuting-middle-class-workers","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/144393\/","title":{"rendered":"Rachel Reeves: Businessman slams Labour for ‘persecuting’ middle-class workers"},"content":{"rendered":"

A British businessman living abroad claims he was \u201cforced to leave the UK\u201d after what he describes as Labour\u2019s \u201cvexatious taxation\u201d and growing hostility towards middle-class workers.<\/p>\n

Alfie Best, who has a net worth of \u00a3700million, is self-made entrepreneur who founded Wyldecrest Parks.<\/p>\n

He told GB News he “never ever wanted to leave the UK” but was forced to move to Monaco last year due to the state of Britain’s economy. <\/p>\n

Speaking to the People’s Channel a week before Chancellor Rachel Reeves delivers her autumn statement, Mr Best said: “I’m seeing it from a very different perspective now because I’m outside the UK looking in.<\/p>\n

“Honestly, it seems like a horror story that\u2019s already on its sequel. They\u2019re not supporting business, and worst of all, they\u2019re not supporting middle-class workers in the UK.<\/p>\n

“They seem to be floating different tax ideas to test public reaction before the Budget is even announced. I believe they\u2019re doing that to see how the general public responds.<\/p>\n

He added: “I never, ever wanted to leave the UK. I left because of what I consider persecution and what I see as vexatious taxation. <\/p>\n

“I could see the direction the UK was heading. Until we have a forward-thinking Government that realises our country is great, we\u2019ll keep finding ourselves in this situation. <\/p>\n

\"Alfie<\/p>\n

Alfie Best claimed he was ‘forced to leave the UK’<\/p>\n

| <\/p>\n

GB NEWS <\/p>\n

“We\u2019re great for the rest of the world, because we\u2019re feeding the rest of the world, but we\u2019re persecuting the British people who\u2019ve done so much for Britain. <\/p>\n

“They\u2019re not looking after the general public right now. I left because I was forced to leave.”<\/p>\n

Labour\u2019s first Budget last October sparked anger among many high earners, who argued they were already facing an excessive tax burden. <\/p>\n

In an open letter to Ms Reeves, a group of wealthy business owners warned the Government\u2019s recent changes, including amendments to Capital Gains Tax, Entrepreneur\u2019s Relief and Employer National Insurance, had pushed up costs for entrepreneurs and companies alike.<\/p>\n

\"Rachel<\/p>\n

Rachel Reeves will be delivering her Budget on November 26 <\/p>\n

| PA<\/p>\n

These measures followed the previous Conservative government’s decision to scrap the non-dom regime, which allowed UK residents with overseas ties to limit their tax liabilities.<\/p>\n

However, economists have urged caution over claims of a mass exodus of the wealthy.<\/p>\n

A new poll by wealth manager Rathbones suggests one in eight small and medium-sized business owner are considering moving themselves, their companies, or both because of the UK\u2019s tax burden.<\/p>\n

The findings mirror other research into the departure plans of wealthy former non-doms and come just weeks before the pivotal Budget, where the Chancellor is widely expected to announce further tax rises. <\/p>\n

Ade Babatunde, senior financial planning director at Rathbones, said: \u201cThe rich are the backbone of the UK economy, and the fact that many are actively planning to leave the country, whether personally, by relocating their businesses abroad, or both due to the current tax burden is deeply concerning for the Government\u2019s ambition to get Britain growing.<\/p>\n

\u201cTheir departure would mean the loss of valuable tax revenue and much-needed employment opportunities.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"A British businessman living abroad claims he was \u201cforced to leave the UK\u201d after what he describes as…\n","protected":false},"author":2,"featured_media":144394,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,8028,111,43,139,69,135,51067,35078],"class_list":{"0":"post-144393","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-labour-party","11":"tag-new-zealand","12":"tag-news","13":"tag-newzealand","14":"tag-nz","15":"tag-politics","16":"tag-uk-politics","17":"tag-video-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/144393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=144393"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/144393\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/144394"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=144393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=144393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=144393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}