Britain likely to lose nearly one in six millionaires by 2028, report says

The UBS Global Wealth Report predicts a 17% decline in Britain's millionaires by 2028, cites Paul Donovan, due to sanctions and tax changes. U.S., Taiwan (47% surge from chips), Germany, and others will grow. Netherlands to drop 4%. Non-dom status changes impact. Since 2008, EMEA wealth up 44%. Global wealth grew by 4.2% in 2023, including financial assets.