The UK government is appealing to UK expats to reconsider life in Dubai due to the ongoing conflict in the Middle East. Around 240,000 British nationals currently live in the UAE, attracted by zero income tax, security, international schools, and a glamorous lifestyle. The U.K. finance minister, Rachel Reeves, has highlighted the country's "competitive tax system" and encouraged firms to list in London, where they won't have to pay stamp duty on shares for the first three years. She also announced that the Treasury will review tax rules. Early signs suggest that this has led to significant movement among British citizens living in Dubai, with roughly one in eight Britons living in the Emirates, about 30,000 people, having left since fighting broke out on February 28. The war has also resulted in increased employer National Insurance contributions from 13.8% to 15%, and reduced the lifetime allowance on capital gains qualifying for preferential treatment from £10 million to £1 million, or around $1.35 million.