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Pakistan's Imran Khan has Jeremy Corbyn's backing

Labour Party leader Jeremy Corbyn has given his support to Pakistan’s new prime minister Imran Khan.

Taking to Twitter, Corbyn congratulated the Tehreek-e-Insaaf chief and said he hoped the new government would deliver “social justice.”


He tweeted: “Congratulations to @ImranKhanPTI, sworn in yesterday as Pakistan’s Prime Minister. We give our support to the people of Pakistan, and hope that the new government can deliver social justice and help build a country that works for all."

These words of support come after Khan said he would like to transform Pakistan into an Islamic welfare state.

Besides Corbyn, British prime minister Theresa May also spoke to the Pakistan leader to discuss bilateral relations between the two countries.

Posting on Twitter, May wrote: “Pleased to talk to @ImranKhanPTI, Prime Minister of Pakistan. The UK and Pakistan share deep and important links. There is plenty for our two countries to work together on, not least increasing bilateral trade and mutual security issues.”

Shortly after taking the oath, Khan announced several austerity measures, which included ditching bulletproof cars and opting for a three-bedroom lodging instead of the sprawling prime minister's house that had 524 staff.

“I want to tell my people, I will live a simple life, I will save your money,” Khan said.

During his 70-minute speech on Sunday (19), Khan also called on the rich to start paying taxes and urged Pakistanis living abroad to send money back to domestic banks to help the country's foreign currency crisis.

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Lakshmi Mittal

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

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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."

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