As London digests the news that shipping tycoon John Fredriksen is moving his private empire overseas, one former confidante has told TradeWinds the UK capital will be diminished by his absence.
Fredriksen’s Seatankers Management has already closed its Sloane Square headquarters and is said to be looking for a new home outside the UK.
New rules axing favourable tax breaks for foreign nationals have been blamed for the decision.
