europe

helping the super-rich avoid tax

Over a quarter of the world’s tax havens are British property. More than half of Britain’s colonial territories and dependencies are tax havens. Strip out Antarctica, the military bases and the scarcely-habited rocks and atolls, and of the 11 remaining properties, only the Falkland Islands is not a recognised haven. The obvious conclusion is that Britain retains these colonies for one purpose: to help banks, corporations and the ultra-rich to avoid tax.

widening gap

Between 1947 and 1973 the income of the poorest fifth of US families grew 116 per cent, higher than any other group. From 1974 to 2004 it grew by just 2.8 per cent. In the UK, the share of national income received by the bottom 10 per cent fell from 4.2 per cent in 1979 to 2.7 per cent in 2002.

the richest citizens

The total of loans, mortgages, overdrafts and credit card purchases is massive and in Britain stands at some £780 billion, £500 of which is born by ordinary people. The Americans, supposedly the richest citizens ever to walk the face of the planet, are the most heavily indebted people of the world, carrying morgage debts that currently total $4.2 trillion.

we must sin quietly

In June 1957, Eric Griffiths-Jones, the attorney general of the British administration in Kenya, wrote to the governor, Sir Evelyn Baring, detailing the way the regime of abuse at the colony's detention camps was being subtly altered.

From now on, Griffiths-Jones wrote, for the abuse to remain legal, Mau Mau suspects must be beaten mainly on their upper body, "vulnerable parts of the body should not be struck, particularly the spleen, liver or kidneys", and it was important that "those who administer violence … should remain collected, balanced and dispassionate".

Almost as an after-thought, the attorney general reminded the governor of the need for complete secrecy. "If we are going to sin," he wrote, "we must sin quietly."

no tax on private healthcare

- Spire Healthcare, the UK's second largest private healthcare company, is channelling £65m a year through a Luxembourg subsidiary of Cinven, its private equity owner, almost wiping out its taxable UK earnings.

- Care UK, which operates NHS treatment centres, walk-in centres and mental health services across England, is reducing its tax liability by routing £8m a year in interest payments on loan notes issued in the Channel Islands.

- Circle Health, the self-styled “social enterprise” that became the first private company to take over the management of an NHS hospital, is owned by companies and investment funds registered in the British Virgin Islands, Jersey and the Cayman Islands.

- Ramsay Health Care, the company with the greatest number of healthcare provision contracts in the NHS, has used a subsidiary in the Cayman Islands to finance the purchase of a French health company for its Australian parent company.

- General Healthcare Group, the biggest private hospital group in the UK, has registered the ownership of its hospitals through subsidiaries in the British Virgin Islands, potentially avoiding stamp duty when its owners come to sell. Its corporate structure may also mean its owners will not pay UK capital gains tax.

regime change in syria (1957)

Nearly 50 years before the war in Iraq, Britain and America sought a secretive "regime change" in another Arab country they accused of spreading terror and threatening the west's oil supplies, by planning the invasion of Syria and the assassination of leading figures.
Newly discovered documents show how in 1957 Harold Macmillan and President Dwight Eisenhower approved a CIA-MI6 plan to stage fake border incidents as an excuse for an invasion by Syria's pro-western neighbours, and then to "eliminate" the most influential triumvirate in Damascus.

The plans, frighteningly frank in their discussion, were discovered in the private papers of Duncan Sandys, Mr Macmillan's defence secretary, by Matthew Jones, a reader in international history at Royal Holloway, University of London.

Although historians know that intelligence services had sought to topple the Syrian regime in the autumn of 1957, this is the first time any document has been found showing that the assassination of three leading figures was at the heart of the scheme. In the document drawn up by a top secret and high-level working group that met in Washington in September 1957, Mr Macmillan and President Eisenhower were left in no doubt about the need to assassinate the top men in Damascus.'

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