A millionaire exodus widely reported by news outlets around the world in 2024, and credited for the UK Labour government’s decision to weaken tax reforms, did not occur, the Tax Justice Network reveals.

Not to excuse Labour's part in this, but this is a side effect of most news outlets being consolidated and owned by relatively few rich people.

well, and that its a stats heavy pre-made easy headline that doesn't take much to write.

In addition you can put any spin on it you like, to suit your agenda.