Major listed companies have already switched from London to New York. The non-doms are all fleeing for Milan and Dubai. And now it turns out that company directors are quitting Britain in record numbers. The exodus of entrepreneurs is accelerating all the time. And yet, so far the Chancellor Rachel Reeves and Prime Minister Sir Keir Starmer have remained completely silent on the issue. Surely, sooner or later they will have to say something?

An analysis by the Financial Times this week found that almost 3,700 company directors have left Britain over the last few months, almost double the number before the Budget. Given the time lags involved in filing data with Companies House, the total is likely to be far higher by now. We already had data suggesting that 16,500 millionaires have left

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