Boris Johnson was victorious in the Conservative Party leadership election and will soon be moving into number 10 Downing Street as the UK’s new Prime Minister.

In a campaign dominated by Brexit, Mr Johnson’s “do or die” approach seems to have won over Conservative Party members, but the fear that this in fact means a no-deal Brexit has worried many, including private client industry professionals.

For example, James McNeile, partner at 2019 eprivateclient Top Law Firm Royds Withy King, warned that, in the case of a no-deal Brexit, high net worths (HNWs) may increase their efforts to relocate and spread their assets outside of the UK....