Politics Is More Worrying Than Brexit For Britain’s Wealthy

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Politics Is More Worrying Than Brexit For Britain’s Wealthy
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More U. K. millionaires are concerned about the state of the nation's politics than Brexit, according to a survey from Swiss bank UBS

... [+]More millionaires in the U.K. are concerned about the state of the nation's politics than Brexit, according to a survey from Swiss bank UBS.

A general election can have several different outcomes for U.K. millionaires. But a another piece of research released this month explains why Britain's wealthy fear politics ahead of Brexit: 75% of high-net-worth-individuals surveyed by Saunderson House said a change of government was their biggest concern.

"Everybody is worried about Brexit. Frankly, I think a Corbyn government will be worse," said one respondent.Getty ImagesMillionaires in the U.K. have recently been"Corbyn-proofing" their wealth, according to wealth managers.

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