Tax cuts, tariffs and deregulation will be key focuses for Republican lawmakers next year after President-elect Donald Trump’s decisive victory coupled with Republicans flipping control of the Senate and potentially retaining control of the House.

The impact of either presidential candidate’s policies could be very different on family offices and wealthy investors when it comes to taxes, regulation, and the general investing climate, analysts say.

Senior economists and think tanks have urged Chancellor of the Exchequer Rachel Reeves to introduce an “exit tax” on the wealthy to raise as much as £500 million ($650 million) a year and discourage departures.

California Governor Gavin Newsom signed a law banning legacy preferences at private universities, joining a budding movement to end a longstanding practice giving the children of alumni and donors a leg up in the college admissions process.

A member of the Siemens family dynasty is embroiled in a bitter London divorce case, with his wife accusing him of avoiding child payments despite living a lavish lifestyle

Although there are many dividing lines between the two candidates vying for the presidency, they notably have vastly different economic visions.