From the FT: The Co-operative Bank sailed through market turmoil in 2008, lifting profits by 70 per cent as depositors flocked to it for security.
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The model is wrong
Good to see some picking up the message that there are serious problems with the OECD approach to tax haven listings. This came out overnight:
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The OECD list – an unfortunate compromise in pursuit of a goal
The OECD tax haven list published tonight is here. As I have written for the Guardian for tomorrow: The black list is based on a
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On the Huffington Post
Obama’s sherpa says see the G20 as starting a work programme on tax havens
Just been briefed by Obama’s team. The message is this. However we tackled tax havens in the past is not the way we will do
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What we got
This has been an extraordinary afternoon — and one where it has been hard to blog. Gordon Brown declared the end of the Washington Consensus
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A world first
I got a question in to Gordon Brown at the PM’s press conference this afternoon. It’s a minor first but I’ll claim it. I’ve just
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Latest word
Just had another briefing. The communiqu?© is strong. Sarkozy can live with it. But no ‘black list’. Although time scales to avoid being on one
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The OECD may not be enough
Fascinating noises coming out from the discussions. One of the reasons why we won’t be getting a tax haven listing today is, I understand, that
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