Business · 2 hours ago
Ex-Goldman Sachs Boss Michael Sherwood Quits UK for Jersey
Dan Marsh, CC BY 3.0, via Wikimedia Commons
Michael Sherwood, the former co-chief executive of Goldman Sachs International who sits on Revolut's board, has now moved to Jersey and become tax-resident there, Sky News reports. He confirmed the move, which comes days before Chancellor John Healey's first Budget. Fellow Goldman veteran Richard Gnodde has left for Milan. The Tories say wealthy investors are fleeing, while Labour sources blame Conservative changes to non-dom rules.
Reported by Sky News · How we write briefs