London is the world's tax haven centre

Updated
City of London
City of London

PA

When mention is made of tax havens, thoughts turn to exotic locations such as the Cayman Islands, or to countries such as Switzerland or Luxembourg . But one location stands head and shoulders above all of them as the centre of the global network of secrecy jurisdictions, where the wealthy can stash their cash away from the inconveniences of tax and transparent dealing. That location is London.

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