@ZiaYusufUK@reformparty_uk Non-doms welcome the Britannia card but need clarity: will it be offered to those staying in the UK post-2025 tax year? With the next election by Aug 2029, this is critical info. Please confirm support for non-doms enduring this tough climate. #UKTax#NonDom
@reformparty_uk Non-doms welcome the Britannia card but need clarity: will it be offered to those staying in the UK post-2025 tax year? With the next election by Aug 2029, this is critical info. Please confirm support for non-doms enduring this tough climate. #UKTax#NonDom
@reformparty_uk@Nigel_Farage Non-doms welcome the Britannia card but need clarity: will it be offered to those staying in the UK post-2025 tax year? With the next election by Aug 2029, this is critical info. Please confirm support for non-doms enduring this tough climate. #UKTax#NonDom
@TiceRichard@DanNeidle@reformparty_uk Non-doms welcome the Britannia card but need clarity: will it be offered to those staying in the UK post-2025 tax year? With the next election by Aug 2029, this is critical info. Please confirm support for non-doms enduring this tough climate. #UKTax#NonDom
🇸🇪 SWEDEN TO PAY IMMIGRANTS UP TO $34K TO LEAVE COUNTRY
Sweden plans to significantly boost payments for immigrants who voluntarily return home, offering up to $34,000 per person starting in 2026, according to Insider Paper.
The right-wing government, backed by the anti-immigration Sweden Democrats party, is making this policy change as part of a "paradigm shift" on migration.
Currently, immigrants can receive a maximum of $4,900 per adult and $620 per child, with a $4,900 cap per family.
The new plan raises this to $34,000 per individual.
Sweden has historically been a "humanitarian superpower" but has struggled to integrate many newcomers in recent decades.
High immigrant unemployment has strained the welfare system and increased inequality.
Other European countries offer return grants, but none approach Sweden's proposed payout, which dwarfs the $1,400-$15,000 range seen elsewhere.
The government hopes this sizable financial incentive will appeal to hundreds of thousands of migrants reliant on state benefits.
However, some warn it could further hinder integration efforts.
Source: @InsiderPaper
BREAKING: North Korea has been arresting people for the crime of posting things on the internet the government doesn't approve of.
Just kidding.
That happened in Britain...
Mario Draghi’s report on the future of European competitiveness comes at a critical time. I’ve thought a lot about our ambitions and what’s at stake and couldn’t agree more when he describes Europe as facing “an existential challenge.” 3 things I found especially interesting and look forward to helping tackle:
1. European Tech Success: “There is no EU company with a market capitalisation over EUR 100 billion that has been set up from scratch in the last fifty years, while all six US companies with a valuation above EUR 1 trillion have been created in this period.”
2. Rising Productivity Gap: “Europe is lagging in the breakthrough digital technologies that will drive growth in the future. Around 70% of foundational AI models have been developed in the US since 2017 and just three US “hyperscalers” account for over 65% of the global as well as of the European cloud market.” (Mark Zuckerberg and I recently highlighted the challenges around this in The Economist here: https://t.co/r48I1YP1CC )
3. Brain Drain: “Between 2008 and 2021, close to 30% of the “unicorns” founded in Europe – startups that went on to be valued over USD 1 billion – relocated their headquarters abroad, with the vast majority moving to the US.”
Hope you’ll take a look at the full report: https://t.co/CTbB1Q5pyC