Skip to content
Search

Latest Stories

Halal Expo London to begin on April 24

MORE than 300 exhibitors are expected to attend this year’s Halal Expo London, a two-day event that will showcase the latest halal products and services.

From cosmetics to food, and financial services to packaging, there has been a growing demand for halal products in the UK.


Aatif Majid, founder and director of Halal Expo London, estimated that the UK halal market is today worth $4.5 billion and is expected to grow by five per cent each year until 2020.

“Whether an existing supplier looking to increase market share, or a new entrant, careful understanding of the sector is needed, one that respects the traditions, values and preferences of the Muslim community. This is why we created the Halal Expo London exhibition,” said Majid.

The two-day event at ExCel London will commence on April 24 and will also feature industry- speakers who will discuss trends and developments in the market.

www.halalexpolondon.com

More For You

Lakshmi Mittal

Mittal's exit comes as Rachel Reeves prepares a fresh tax raising budget aimed at balancing the government's finances

Getty Images

Lakshmi Mittal quits Britain for Switzerland and Dubai over inheritance tax concerns

Highlights

  • Lakshmi Mittal, worth over £15 bn, has moved his tax residence from UK to Switzerland with plans to spend most time in Dubai.
  • Inheritance tax concerns, not income tax, drove the decision of the "King of Steel" to leave after 30 years in Britain.
  • The departure marks another high-profile exit as chancellor Rachel Reeves prepares major tax rises in the coming Budget.
Lakshmi Mittal, one of Britain's wealthiest men, has ended his three-decade association with the UK, relocating his tax residence to Switzerland and planning to base himself in Dubai. The 74-year-old steel magnate, worth approximately £15.5 bn according to the Asian Rich List 2025, is the latest prominent entrepreneur to leave Britain amid Labour's tax reforms targeting the super-rich.

The Indian-born billionaire built his fortune through ArcelorMittal, the world's second-largest steelmaker, in which he and his family hold nearly 40 per cent ownership. Since arriving in London in 1995, Mittal became a prominent figure in British business, acquiring expensive properties including a £57 m mansion on Kensington Palace Gardens known as the "Taj Mittal."

An adviser familiar with Mittal's family plans told The Sunday Times that, inheritance tax was the decisive factor in the decision. "It wasn't the tax on income or capital gains that was the issue, the issue was inheritance tax."

Keep ReadingShow less