Multiple reports cite comments from asset manager Rathbones warning that a new Labour government could introduce additional taxes on wealth and property. The concern is that such measures—described as a “wealth tax” or “tax raid”—would be “economically damaging to the UK,” with one figure cited that wealthy individuals could move assets abroad, potentially amounting to £100 billion. The reports frame the warning as directed at the outlook under a new Prime Minister and Chancellor, while referencing the possibility of a change in tax policy following Labour’s leadership. The coverage does not provide details of specific policy design, rates, exemptions, or timelines, but it links the warning to the broader idea of taxing wealth and property more heavily. The reports also do not describe any official response from Labour or the government within the provided excerpts. Overall, the story centers on an industry comment that heightened taxes on wealth could trigger investors or high-net-worth individuals to reduce UK exposure.