Snowblog - One year on, but what’s changed?.

Jon Snow on last night's Panorama:

We keep being told that the Channel Islands tax haven activities have been closed down. You and I have so far spent £17 billion on Lloyds.

It all goes to the very heart of two pledges made by the government in the aftermath of the crash year ago — firstly to tackle tax avoidance and effectively to shut down tax havens — secondly to shut down the myriad efforts by onshore banks to assist their customers to ship their UK earned income off-shore to avoid paying tax.

And here is Panorama with a credible allegation that a bank WE own are engaged in doing just that.

We are one year on from the crash, what’s changed?

Not enough Jon, not enough.