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Milan’s ‘Empty London’ Tax Bet Pays Off as UK Wealth Exits Soar

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Italy’s plan to lure rich foreigners from the UK is known in private wealth circles as “svuota Londra” or “empty London.” Judging by the recent wave of departures, it’s working. In just the past six weeks, a slew of well-heeled residents have left the UK in the fallout from Britain’s…

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