I saw more British people in Dubai than in Britain

Former British Prime Minister Liz Truss said that high taxes in her country prompted many wealthy people and businessmen to move to Dubai.
Terras added at the World Government Summit that she “saw more Britons in Dubai than in Britain,” considering that the matter represents a direct response to internal economic pressures and not a lifestyle choice.
She showed that years of policy failure in her country led to the erosion of growth, competitiveness and living standards throughout Britain and much of Europe.
She pointed out that energy policy is at the core of this disparity. She explained that energy prices in the United Kingdom are among the highest in the world due to restrictions imposed on local oil and gas production and the cost of carbon neutrality policies. “Energy prices in the United States are a quarter of what they are in the United Kingdom,” she said of the United States, adding that rising costs were hurting manufacturing industries and emerging sectors such as artificial intelligence and digital currencies.
Terras warned that increasing public debt remains the biggest economic risk that governments underestimate, especially in Western Europe. She pointed to debt levels approaching 100% of GDP in the United Kingdom, and to growing pressures in France, Japan and the United States.
“We were living beyond our means, not producing the necessary productive capacity, but rather consuming and increasing our debt,” she said.