The letters sent by Gordon Brown to the leaders of the Crown Dependencies and the Overseas Territories are of such significance that they appear to need a name of their own. Given the day on which they were sent the title \u00e2\u20ac\u0161\u00c3\u201e\u00c3\u00b2The Maunday Thursday letters’ seems appropriate.<\/p>\n
That to Jersey, of which identical copies were sent to Guernsey and the Isle of Man is here<\/a>.<\/p>\n That to the BVI, of which again I understand identical copies have been sent to the leaders of the Cayman Islands, Bermuda, The Turks & Caicos Islands, Montserrat, Gibraltar and Anguilla, is here<\/a>.<\/p>\n As I have noted<\/a>, these letters are epochal. <\/p>\n The Guardian also received the letters from Downing Street, I know. They have commented here<\/a>. The FT is the only other major paper that I have so fra noted has picked up the story. It bare analysis is here<\/a>.<\/p>\n I expect that there will be considerably more reaction next week. But I am now convinced that these letters mark the end of British tax havens. Not yet of course, but over the next few years. <\/p>\n The debate is not now about why this is necessary, but about how it will be done and how to manage the consequences. This is a quantum leap forward.<\/p>\n","protected":false},"excerpt":{"rendered":"