Billionaire Man United owner loses moral high ground after tax exile, Labour chair says
We're shutting it down."If you tax everybody to death, they're all going to leave.
- ▪We're shutting it down."If you tax everybody to death, they're all going to leave.
BBC News — Business publishes from United Kingdom and files mainly under business. We currently carry 284 of its stories.
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| Original publisher | BBC News — Business |
| Canonical URL | https://www.bbc.co.uk/news/articles/cm0rexrwjj1vo?at_medium=RSS&at_campaign=rss |
| Publication time | Sun, 20 Sep 2026 11:22:21 GMT |
| Retrieval time | 2026-09-20T11:28:46.846Z |
| Last seen | 2026-09-20T11:28:46.846Z |
| Headline source | Publisher (no WeSearch rewrite) |
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| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
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| Publisher visit | Yes — open original |
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| Commercial reuse | May the content be reused commercially? | Not permitted |
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Opening excerpt (first ~120 words) tap to expand
Billionaire Man United owner loses moral high ground after tax exile, Labour chair saysByScott Duffield, Political reporter and Rachel Clun, Business reporterPublished2 minutes agoThe Labour Party chair has said Sir Jim Ratcliffe loses "the moral high ground" by making statements about the UK while living in tax exile.Speaking to Sunday with Laura Kuenssberg, Bridget Phillipson said she would take the billionaire businessman's comments that the UK was "on the slide" with a "pinch of salt".Sir Jim, the founder of petrochemical giant Ineos and Manchester United's co-owner, told the BBC he has lost confidence in the UK due to a combination of high taxes and high immigration.He has been a tax resident in Monaco since 2020 and said "things would have to get better" in the UK for him to…
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