Labour’s Bridget Phillipson hits back at claims by Manchester United’s ‘tax exile’ owner Jim Ratcliffe that UK is ‘on the slide’ because of high taxes and immigration

Labour’s Bridget Phillipson hit back today at Manchester United’s ‘tax exile’ co-owner Jim Ratcliffe after he claimed the UK is ‘on the slide’.

The founder of chemicals giant Ineos, who moved to low-tax Monaco from the UK in 2020, said Britain is in decline because of high taxes and immigration.

Ms Phillipson, the Labour Party chairman, has now become the latest Government minister to push back against Sir Jim’s remarks.

She claimed the multi-billionaire had lost the ‘moral high ground’ about making ‘pronouncements’ about the UK by deciding to become a ‘tax exile’.

‘I do think you lose the moral high ground in the

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