UK holds back on tax havens

(Guardian):  The UK has not joined a new international crackdown on financial secrecy and tax havens by more than 50 countries, including Germany, France and Spain – part of a package of measures to restore the world’s economy to health. Campaigners argue that the UK’s seeming desire to protect the City of London threatens to isolate Britain as international momentum for fundamental changes to tax secrecy grows. Go to article.