Tag Archives: tax-rate


Darling’s 50% tax sends tycoons to Switzerland

Evening Standard – London’s rich hedge fund managers and private equity executives will quit the UK in droves ahead of the 50% top tax rate next spring. That is the news from City tax advisers who say they have never […]

Hedge clippers

Times Online – They must think it’s Christmas in Geneva. Alistair Darling delivered an early present last week by slapping a 50 per cent tax rate on top earners. Highly paid but footloose financiers are now betting when the rate […]

UK’s biz tycoons to flee high-taxed Britain

Indopia – Britain’s leading entrepreneurs are considering to leave the country as a mark of protest against UK Chancellor Alistair Darling’s new 50 per cent tax rate, a media report says. " Hugh Osmond, the pubs to insurance entrepreneur, is […]

Buyout, Hedge-Fund Managers Could Pay $24 Billion More in Taxes

Bloomberg – Executives at buyout, venture-capital and hedge-fund firms will pay an estimated $24 billion more in taxes over nine years if President Barack Obama gets his way. Obama’s 2010 budget proposal, released today, proposes raising taxes on the managers […]

Trailblazer Fink returns to head £200m hedge fund

The Independent – Stanley Fink, the so-called godfather of UK hedge funds, has made a dramatic return to the industry after retiring from Man Group, the largest alternatives manager in the world, only two months ago. Mr Fink confirmed yesterday […]

Stanley Fink plots comeback with Lord Levy in hedge fund venture

Daily Telegraph – Stanley Fink, the former boss of Man Group, who became one of the City’s best-known financiers, is teaming up with Lord "Cashpoint" Levy to make a spectacular comeback to the hedge fund industry he quit last year. […]

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