Matthew Lynn Matthew Lynn

Five places to flee to if Jeremy Corbyn becomes PM

It is still too close to call. And the odds are still on a Tory victory. Even so, with the polls narrowing, with lots of constituencies likely to change hands and with plenty of voters still to make up their minds, there is still a real chance that by Friday morning Jeremy Corbyn could be moving into Number 10. For anyone with money and worst of all anyone who owns a company, a reign of terror will be about to begin.

The Labour party has come up with so many different ways to harass and intimidate business it is hard for even the nerviest plutocrat to keep track of them all.

Whole industries will be nationalised without much in the way of compensation. The Treasury will grab ten per cent of most companies under the guise of worker’s control. Union rights will be increased. Taxes will go up, especially on companies. And that is just for starters.

After four decades as one of the most business-friendly major economies in the world, Britain will be turned within weeks into one of the most hostile. But, hey, there is always one consolation to fall back on. There are plenty of places that are a little more welcoming than Jezza’s Venezuela-with Drizzle. Like where? Here are the top five places where you might want to start checking out office space before the rush starts.

Monaco might once have been ‘a sunny place for shady people’ in Somerset Maugham’s classic phrase, but it has since been turned into a glitzy haven for the super-rich. It doesn’t have much to offer companies, but it has always been the perfect place to shelter a few million.

Switzerland doesn’t do secrecy anymore. It has long since shared information with tax authorities around the world.

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