Nearly 19,000 UK earners now on more than £1m a year

Nearly 19,000 UK earners now on more than £1m a year – Rupert Neate Wealth correspondent

Number rises by 3,700 but many are foreign or non-doms who could leave after Brexit

The number of people in the UK earning more than £1m a year has jumped to over 18,700, with more than one in 10 of them living in Kensington and Chelsea, according to figures released by HM Revenue & Customs.

The total increased by 3,700 in the latest available tax year, but there are concerns that many of the “highly mobile” high-earners could quit the UK in the wake of a messy Brexit.

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10th September 20187:23 am