News

The closure of a tax loophole has hit profits at online birthday and Christmas cards retailer Moonpig.

Husband and wife interrupt day trip to reconquer Channel isle for Britain

THE QUEEN can sleep easy, knowing her realm is intact once more. Last Sunday a seven-man invasion posse planted a flag of the "Kingdom of Patagonia" on Les Minquiers islands, south of Jersey.

Patagonian king claims deserted Channel isle

ALERT THE fleet. Stir up the tabloid press. One of our islands is missing.

Travel: Two For The Price Of One

A train

The world will be one big tax haven

Tax has become a global issue. Powerful forces are driving rates on savings down towards zero.

Channel Islands set to run own stock market

Stock Market Week

Bands on the run

The Rolling Stones unplugged a UK tour for tax reasons. Will others follow? Cliff Dane writes

Travel: Give me a break: Jersey on pounds 250

City to city: Charing Cross, Friday. You have pounds 250 to spend on a weekend break from the centre of London.

It's not all shady on the sunshine islands

BERMUDA - It has been bash-the-tax-haven week. On Tuesday in Paris the OECD countries, with two notable exceptions, agreed to a seven-year drive to try to stamp out tax havens. Thet have published a report, Harmful Tax Competition, an Emerging Global Issue, saying that unfair fiscal policies can distort international competition.

Tax avoiders braced for a crackdown from the Chancellor

Anti-tax avoidance measures seem certain to feature in next week's Budget. Diane Coyle,, Economics Editor, outlines the Government's options

Labour's backers use tax havens

SOME OF Labour's most prominent donors are taking advantage of tax loopholes in off-shore companies at a time when the Chancellor, Gordon Brown, claims he wants to get tough on tax avoidance.

Money laundering: a tough business to clean up - Is the Government going overboard?

It is clearly open season for the offshore islands. Almost every day the papers have a new story. Last week Jack Straw, the Home Secretary, announced a six-month inquiry into money laundering in Jersey, Guernsey and the Isle of Man. Robin Cook, the Foreign Secretary, is expected to make a statement today on the UK's future relationship with its remaining dependencies following a Foreign Office review.

Finance: Offshore centres still cloaked in mystery

As the Government announces a review of the Isle of Man and the Channel Islands, Roger Trapp assesses the role of these prosperous tax havens.

Sleazebuster without a red card

Sir Gordon Downey's in-tray is full, but he's a parliamentary watchdog without teeth, writes Chris Blackhurst

Robinson censured by MPs

Geoffrey Robinson, the Paymaster-General, was last night censured by MPs for failing to disclose his interest in a pounds 12.75m Guernsey-based trust. On the eve of a Commons debate on tax avoidance and offshore trusts our Political Editor says the Tories are demanding the Paymaster-General's resignation.

Hugo, the giant innuendo, priapism and all

The new-year hangovers have barely subsided, but the first prize of the literary season, the Whitbread, has already arrived. Boyd Tonkin, Literary Editor, recalls his happy experience as a judge
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Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
Giants Club: After wholesale butchery of Idi Amin's regime, Uganda’s giants flourish once again

Uganda's giants are flourishing once again

After the wholesale butchery of Idi Amin's regime, elephant populations are finally recovering
The London: After 350 years, the riddle of Britain's exploding fleet is finally solved

After 350 years, the riddle of Britain's exploding fleet is finally solved

Archaeologists will recover a crucial item from the wreck of the London which could help shed more light on what happened in the vessel's final seconds
Airbus has patented a jet that could fly from London to New York in one hour

Airbus has patented a jet that could fly from London to New York in one hour

The invention involves turbojets and ramjets - a type of jet engine - and a rocket motor
10 best sun creams for kids

10 best sun creams for kids

Protect delicate and sensitive skin with products specially formulated for little ones
Tate Sensorium: New exhibition at Tate Britain invites art lovers to taste, smell and hear art

Tate Sensorium

New exhibition at Tate Britain invites art lovers to taste, smell and hear art
Ashes 2015: Nice guy Steven Finn is making up for lost time – and quickly

Nice guy Finn is making up for lost time – and quickly

He was man-of-the-match in the third Test following his recall to the England side
Ashes 2015: Remember Ashton Agar? The No 11 that nearly toppled England

Remember Ashton Agar?

The No 11 that nearly toppled England
Turkey-Kurdish conflict: Obama's deal with Ankara is a betrayal of Syrian Kurds and may not even weaken Isis

US betrayal of old ally brings limited reward

Since the accord, the Turks have only waged war on Kurds while no US bomber has used Incirlik airbase, says Patrick Cockburn
VIPs gather for opening of second Suez Canal - but doubts linger over security

'A gift from Egypt to the rest of the world'

VIPs gather for opening of second Suez Canal - but is it really needed?
Jeremy Corbyn dresses abysmally. That's a great thing because it's genuine

Jeremy Corbyn dresses abysmally. That's a great thing because it's genuine

Fashion editor, Alexander Fury, applauds a man who clearly has more important things on his mind
The male menopause and intimations of mortality

Aches, pains and an inkling of mortality

So the male menopause is real, they say, but what would the Victorians, 'old' at 30, think of that, asks DJ Taylor
Man Booker Prize 2015: Anna Smaill - How can I possibly be on the list with these writers I have idolised?

'How can I possibly be on the list with these writers I have idolised?'

Man Booker Prize nominee Anna Smaill on the rise of Kiwi lit
Bettany Hughes interview: The historian on how Socrates would have solved Greece's problems

Bettany Hughes interview

The historian on how Socrates would have solved Greece's problems
Art of the state: Pyongyang propaganda posters to be exhibited in China

Art of the state

Pyongyang propaganda posters to be exhibited in China
Mildreds and Vanilla Black have given vegetarian food a makeover in new cookbooks

Vegetarian food gets a makeover

Long-time vegetarian Holly Williams tries to recreate some of the inventive recipes in Mildreds and Vanilla Black's new cookbooks