UK Faces Inflation, Rising Unemployment, and Tax Hikes: You Cannot Tax Yourself into Prosperity But There Is a Better Way

Subscribe to our newsletter for the latest expatriate news, views & analysis.

The UK stands at a crossroads. Inflation remains stubbornly high. Higher than many of our global peers. Unemployment is rising. And with looming tax hikes, the economic mood has darkened. For many, it feels like the country is drifting further from prosperity, not closer to it.

Adding to the pressure, wealth creators: entrepreneurs, investors, and high earners are quietly relocating abroad. These individuals don’t just pay taxes; they build businesses, fund startups, employ workers, and fuel economic growth. When they leave, they take more than their money… they take energy, opportunity, and momentum.

We don’t need to race to the bottom, nor do we need to overtax the most productive. The answer lies in returning to principles that have worked for generations - policies that encourage innovation, attract investment, and reward work.

So what’s the solution?

It starts with rebuilding confidence:

  • Lower and simpler taxes to incentivise enterprise and investment.

  • Targeted deregulation to unlock productivity and remove barriers for small businesses.

  • Pro-growth spending - not more spending, but smarter spending - on skills, infrastructure, and technology.

  • A stable, long-term tax roadmap that offers certainty and attracts global talent back to Britain.

Countries thrive when they compete to be the best home for ambition, innovation, and opportunity. The UK has the talent - for now. The UK has the infrastructure - for now.

If we choose policies that reward creation, not just consumption, we can once again become a magnet for global capital and a springboard for British prosperity.

You cannot tax yourself into prosperity - but you can grow into it. Now is the time to choose growth.

For help & guidance living & working abroad, contact us.

ProACT Sam Orgill

ProACT Sam Says for Expat Family & Business Living and Working Abroad across borders and down generations.

Follow me for insight and Know How for Expats.

Tax Saving Expat Experts

https://www.proactpartnership.com
Next
Next

Cyprus Signals a ‘New Era’ for Investment Funds with Landmark Law