Queen’s Crown Estate sells off lucrative rights to offshore wind farms

By Steve Doughty for the Daily Mail Lawyers for the Queen lobbied ministers to alter a draft law so that her private wealth could be kept secret, newly-uncovered records have suggested. Legislation was changed so that any ‘potentially embarrassing’ investments she held could be concealed from the public, it was alleged. The incident, which happened almost … Read more

B&M Bargain’s boss funnels £44m offshore as sales boom

B&M boss funnels £44m offshore as bargain retailer emerges as one of the pandemic’s biggest winners By Tom Witherow For The Daily Mail Published: 21:50 GMT, 12 November 2020 | Updated: 22:13 GMT, 12 November 2020 B&M Bargains’ billionaire chief executive has funnelled £44million in dividends to his offshore family trust after emerging as one … Read more

Germany issues arrest warrant for lawyers behind offshore firm Mossack Fonseca

Germany issues arrest warrant for lawyers behind offshore firm Mossack Fonseca which was at the heart of the Panama Papers leak Germany has issued an arrest warrant for Juergen Mossack and Ramon Fonseca  Pair ran offshore firm Mossack Fonseca, at the centre of the Panama Papers   Accused of being accessory to tax evasion and forming … Read more

Puffins will be driven to extinction by plan to power UK with offshore wind energy by 2030 says RSPB

Puffins and other seabirds will be driven to extinction by Boris Johnson’s plan to power Britain with ‘limitless’ offshore wind energy by 2030, warns RSPB Charity said Government’s green energy plan risks ‘irreversible seabird losses’ Offshore wind farms are frequently set up in shallow waters, where birds feed  RSPB has urged Boris Johnson to keep … Read more

Offshore gambling companies should be forced to have UK bases, report says 

Offshore gambling companies should be forced to have UK bases to stop the Treasury losing hundreds of millions in tax, report says Social Market Foundation think-tank called for gambling firms to be based in UK Report found more than half of remote gambling services are based in Gibraltar Gambling firms should be forced to provide … Read more

France becomes latest country to ban companies registered in offshore tax havens

France has become the latest country to ban companies registered in offshore tax havens from coronavirus bailouts, following Denmark and Poland.    The French Finance Minister Bruno Le Maire announced today that companies either registered or controlling subsidiaries in tax havens are ineligible for the €110 billion rescue package. ‘It goes without saying that if a company … Read more