The biggest tax haven according to the EU is …. the UK

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Christian Aid have pointed out that:

Nearly a quarter of the world's major tax havens on a “blacklist” published today by the European Commission are either British Overseas Territories or Crown Dependencies.

The seven are Anguilla, Bermuda, British Virgin Islands, the Cayman Islands, Guernsey, Montserrat and the Turks and Caicos islands. And since all of them are branch offices of the City of London (as too are Jersey, Gibraltar and the Isle of Man which did not make it for some strange reason) that makes the UK by far the biggest tax haven in the EU.

Isn't ti time we did something about that, Mr Cameron? After all, some time ago you said the age of the UK tax haven was over and that was clearly wrong. Isn't now the time to put it right in that case?


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