Billionaire Sir Jim Ratcliffe, co-owner of Manchester United and among the UK’s richest people, says he has lost confidence in the country and is “not surprised” by moves by very wealthy people to leave. The comments are reported as part of his criticism of the UK’s direction.

In the coverage, Ratcliffe attributes the perceived decline to government decisions and priorities, including welfare policy and immigration. The Daily Mail reports that he links these issues to higher taxation and argues they contribute to an environment that encourages the super-rich to relocate.

While the outlet focuses on Ratcliffe’s views—framing them as a warning about broader national decline—other details such as specific examples of who is leaving or which policies he references are not provided in the provided summaries.