Theresa May is standing foursquare behind Britain’s tax dependencies

The PM is fighting tooth and nail to protect the jurisdictions that conceal the secrets of multinationals and the super-rich

Shortly before triggering article 50, Theresa May and Philip Hammond invoked the tax-haven threat.

Should Britain not get its way in the negotiations for a post-Brexit trading relationship with Europe, the chancellor explained that Britain could be forced to abandon its “European-style taxation”. A spokesman confirmed that the prime minister stood ready to do so.

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