Sep 7, 2024, 11:01 PM
Sep 7, 2024, 11:01 PM

Pimlico Plumbers boss moves to Spain over Labour tax plans

Provocative
Highlights
  • Charlie Mullins, founder of Pimlico Plumbers, is moving to Marbella, Spain, becoming a permanent resident.
  • He plans to sell his £10 million London flat, which features luxurious amenities, upon his return in September.
  • Mullins' decision is driven by dissatisfaction with Labour's tax plans, reflecting concerns among business owners about the political climate.
Story

Charlie Mullins, the founder of Pimlico Plumbers, has decided to relocate to Marbella, Spain, becoming a permanent resident. This decision comes as a response to dissatisfaction with the tax plans proposed by Labour leader Keir Starmer. Mullins, who has strong connections to London, including a luxurious £10 million flat with impressive views, plans to sell his apartment upon his return to the city in September. The flat features extravagant amenities, including a cocktail bar and a high-end Steinway piano. Mullins, 71, grew up in a council estate in south London and built a successful business in the plumbing industry, particularly in the Pimlico area. His move to Spain signifies a significant shift in his life, as he withdraws his investments from the UK. The entrepreneur's frustration with the current political climate and tax regulations has prompted him to seek a more favorable environment for his financial interests. The decision to leave London, a city he has long called home, reflects broader concerns among business owners regarding the impact of government policies on their operations. Mullins' departure may serve as a warning to other entrepreneurs contemplating their future in the UK under the current administration. As he prepares to sell his property, Mullins expresses reluctance, indicating a strong emotional attachment to his London home. His story highlights the challenges faced by successful business figures in navigating the complexities of taxation and governance in the UK.

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