Pimlico Plumbers Founder Fled UK After Labour Victory, Branding New Government 'Worse Than I Feared'

Business News

Pimlico Plumbers Founder Fled UK After Labour Victory, Branding New Government 'Worse Than I Feared'
Charlie MullinsPimlico PlumbersLabour Party
  • 📰 DailyMailUK
  • ⏱ Reading Time:
  • 74 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 50%
  • Publisher: 90%

Charlie Mullins, founder of Pimlico Plumbers, has moved to Spain after Labour came to power, citing concerns about rising taxes and government policies. He states that his departure is due to a desire to avoid contributing to a tax system he disagrees with, particularly the national insurance increase.

Charlie Mullins has revealed he is living in Spain after leaving Britain straight after Labour came into power - as he branded the new government 'worse than I feared'. The Pimlico Plumbers founder announced his intention to flee the country of his birth last year, and has now announced his new home as the sun-drenched coastal city of Marbella. The 72-year-old, who sold the firm in 2021 for £172million, insisted he was delighted with his decision.

He told MailOnline: 'I'm very pleased to have moved - I left as soon as the election result was announced. Labour are socialists so I was expecting bad things but it's actually a lot worse than I feared. 'I knew capital gains and inheritance tax could go up, but I wasn't expecting a national insurance increase too. It's probably the worst blow to entrepreneurs that I've seen over my whole life in business. 'I didn't want to be part of the tax system any more. A lot of people think I left for tax reasons but you wouldn't choose Spain if that was my intention, as some taxes are higher. 'The real reason is not what they are charging but what they are doing with the money. I'd be more than happy to help the NHS and pensioners but I'm not prepared to help people who don't contribute.' Mr Mullins, who previously revealed that he has paid more than £120million in tax to the Treasury, is currently in the process of moving his assets abroad, including a stunning penthouse apartment in the heart of Westminster. Charlie Mullins posing inside his Westminster apartment last year with his fiancee, Raquel Reno The Pimlico Plumbers founder is selling his assets in the UK, including the stunning riverside property He has now cut the £12million asking price to try and secure a quick sale due to his fears Labour could introduce an 'exit tax' on rich people leaving Britain. He is also worried that the property could incur a bumper inheritance tax bil

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

DailyMailUK /  🏆 7. in UK

Charlie Mullins Pimlico Plumbers Labour Party Taxes Spain

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pimlico Plumbers Founder Flees to Spain After Labour Win, Calls Government 'Worse Than Expected'Pimlico Plumbers Founder Flees to Spain After Labour Win, Calls Government 'Worse Than Expected'Charlie Mullins, founder of Pimlico Plumbers, has relocated to Spain following Labour's victory in the election. He criticizes the government as 'worse than I feared,' citing concerns over increased taxes, particularly the National Insurance rise. Mullins maintains his departure is not solely for tax reasons and expresses his reluctance to contribute to a system he perceives as unfair.
Read more »

Plumbers Warn Against Pouring Baileys and Gravy Down the Sink at ChristmasPlumbers Warn Against Pouring Baileys and Gravy Down the Sink at ChristmasPlumbers have issued a warning about throwing the dregs of festive drinks, such as Baileys, down the sink. This action can cause clogging in the pipes, leading to costly callouts during the festive season.
Read more »

Plumbers say one radiator job can save you hundreds on heating billsPlumbers say one radiator job can save you hundreds on heating billsMany issues with radiators are caused by a simple problem that can easily be solved. You don't need any specialist tools or equipment, and it won't cost you much.
Read more »

Most common Christmas day disasters listed as electricians in demandMost common Christmas day disasters listed as electricians in demandPlumbers, locksmiths and even TV repairers all got call-outs last Christmas Day
Read more »

Tech consultant found guilty of stabbing to death Cash App founderTech consultant found guilty of stabbing to death Cash App founderNima Momeni was found guilty of second degree murder over the death of Bob Lee, 43, in April 2023.
Read more »

Ivanhoe founder blasts 'idiotic' UK politiciansIvanhoe founder blasts 'idiotic' UK politiciansA five-year energy transition is a dream, Robert Friedland said
Read more »



Render Time: 2025-02-14 19:54:45