Paradise Papers leak reveals secrets of the world elite’s hidden wealth

Wow... Where to even begin with the #ParadisePapers...

  • The world’s biggest businesses, heads of state and global figures in politics, entertainment and sport who have sheltered their wealth in secretive tax havens are being revealed this week in a major new investigation into Britain’s offshore empires.
  • The material, which has come from two offshore service providers and the company registries of 19 tax havens, was obtained by the German newspaper Süddeutsche Zeitung and shared by the International Consortium of Investigative Journalists with partners including the Guardian, the BBC and the New York Times.
  • “Tax havens are one of the key engines of the rise in global inequality,” he said.
  • “As inequality rises, offshore tax evasion is becoming an elite sport.”
  • In contrast to Mossack Fonseca, the discredited firm at the centre of last year’s Panama Papers investigation, Appleby prides itself on being a leading member of the “magic circle” of top-ranking offshore service providers.

Files from offshore law firm show financial dealings of the Queen, big multinationals and members of Donald Trump’s cabinet
Continue reading “Paradise Papers leak reveals secrets of the world elite’s hidden wealth”

Tasmania can lead the way in renewable energy, Turnbull says

  • The prime minister, Malcolm Turnbull, has trumpeted Tasmania’s ability to lead the country in renewable energy at the state’s Liberal party council meeting.
  • On Saturday, Turnbull addressed 250 delegates at the annual conference in Launceston, the party’s final gathering before a state election in March.
  • Turnbull also sunk the boot into the Labor party, imploring voters to retain the first-term Hodgman government.
  • “The track record of Labor incompetence is something you can’t have inflicted on the state,” he said before receiving a standing ovation from the party faithful.
  • Recent polling has shown the gap between the Liberal party and Labor in Tasmania is the closest it’s been in seven years, and the opposition leader, Rebecca White, is the state’s preferred premier.

Prime minister addresses state’s Liberal party council meeting and urges voters to retain the first-term Hodgman government
Continue reading “Tasmania can lead the way in renewable energy, Turnbull says”

Trump storm lands Theresa May in trouble over state visit invite

Things got heated when British Parliament discussed President Trump's state visit to the UK

  • As Ricketts’ letter made clear, the Queen doesn’t actually have a say on who is invited on a state visit to Britain.
  • UK PM: Not afraid to speak frankly to Trump 00:59
  • May has the ultimate sign-off and only she can alter or withdraw the invitation.
  • Theresa May in trouble over Trump’s UK state visit invite
  • We don’t know how Trump would react to a downgraded invitation but he’s unlikely to welcome it and at worst it could be taken as an insult and cause a diplomatic rift.

The anti-Trump protests outside Downing Street were lively and vocal. The chants ranged from the expletive-ridden to the direct: “No State Visit!” was a popular one.
Continue reading “Trump storm lands Theresa May in trouble over state visit invite”

Theresa May to dare Parliament to ‘defy the will of the people’ if she loses Article 50 court battle

  • The Prime Minister has vowed to trigger Article 50 by next March
  • heresa May will challenge Parliament to defy the will of the people by voting down Article 50 if the Government loses an appeal in the Supreme Court, senior sources have said.
  • A nother source said: ” much Remainers want to campaign against Brexit, we are sure they won’t go as far as voting down Article 50 in Parliament.
  • “Theresa has made clear that the people bringing this legal action over Article 50 must not be allowed to thwart the will of the people,” an ally of Mrs May said.
  • Mrs May has vowed to trigger Article 50 by March next year.

Theresa May will challenge Parliament to defy the will of the people by voting down Article 50 if the Government loses an appeal in the Supreme Court, senior sources have said.
Continue reading “Theresa May to dare Parliament to ‘defy the will of the people’ if she loses Article 50 court battle”

Mark Carney to stay at Bank of England until 2019, sparking relief and disappointment – as it happened

  • Duncan Weldon, head of research at Resolution Group, suggests Mark Carney has played the game rather well….
  • Adam Marshall, Director General of the British Chambers of Commerce (BCC), is pleased that Mark Carney has decided his future.
  • Sorrell: Carney may be hurt by unjustified criticism
  • Tyrie: Carney has a lot of explaining to do….
  • Andrew Tyrie, the influential chair of parliament’s Treasury Committee, is determined to find out why Mark Carney is only going to serve a six year term.

Bank of England governor will stay on for an extra 12 months to provide stability after Britain triggers Article 50
Continue reading “Mark Carney to stay at Bank of England until 2019, sparking relief and disappointment – as it happened”

.st0{fill:#FDFDFE;} .st1{fill:#EB1E30;} .ftil0{fill:#666766;} .ftil1{fill:#FFFFFF;} .ftil2{clip-path:url(#SVGID_2_);fill:#EC1F31;}

  • The Leave claim that the UK gives £350m a week to the EU has been thoroughly debunked.
  • Because the pound has fallen, inflation will go up, which means imports and our domestic energy bills will cost up to 12 per_cent more than they currently do.
  • 7. We aren’t going to save £2bn on energy bills
  • Overnight the UK economy has already slumped from the fifth largest in the world to sixth.
  • 8 of the most misleading promises of the Vote Leave campaign, ranked in order of preposterousness

Read the full article, click here.


@_Adam_Price: “Eight of the most misleading promises of the Leave campaign, ranked”


The value of the pound has dropped through the floor. Sinn Fein are calling for a united Ireland. Prime minister David Cameron has resigned. SNP leader Nicola Sturgeon has said that Scotland is looking at a new independence referendum. The Labour party has tabled a motion to get rid of Jeremy Corbyn.


.st0{fill:#FDFDFE;} .st1{fill:#EB1E30;} .ftil0{fill:#666766;} .ftil1{fill:#FFFFFF;} .ftil2{clip-path:url(#SVGID_2_);fill:#EC1F31;}

EU referendum: United Kingdom votes on membership — latest updates

Final results from #Brexit referendum are in:

  • Britain to have a new Prime Minister before party conference in October, he said
  • Final tally released — Leave: 17,410,742 beats Remain: 16,141,241
  • Cabinet is to meet on Monday to work out next steps forward
  • (CNN) British Prime Minister David Cameron announces his resignation after the United Kingdom votes to leave the European Union.
  • Cameron told the nation he had spoken to Queen Elizabeth Friday morning

Read the full article, click here.


@CNN: “Final results from #Brexit referendum are in:”


It’s a tense wait for votes to be counted in the United Kingdom as the country decides whether to leave or remain in the Europe Union.


EU referendum: United Kingdom votes on membership — latest updates