UK wealthy caught in the crossfire of coalition government

The wealthy will fear paying more tax no matter what the final outcome in the UK election in a move expert calls the 'scenario from hell'

The UK's wealthy were this morning facing "the scenario from hell" as one of the closest UK general elections in years made a coalition government a reality in a move that could see the rich caught up in points-scoring between the political parties.

Ronnie Ludwig, a partner at accountants Saffery Champness, said the worst possible outcome for the wealthy would be a Labour and Liberal Democrat coalition.

WSJ Logo
Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached