The previous episode of this story outlined Oliver Bullough’s concept of Moneyland, which he reports on in his latest book and explained to the Co-operative Congress in Manchester. It describes a complex Steal-Hide-Spend system used by affluent people across the world, often in positions of power, who by corruption or other illegal activities steal huge […]
‘There are no co-ops in Moneyland’- author Oliver Bullough at the Co-op Congress in Manchester (pt.1)
The Co-operative Congress in Manchester this year saw delegates from co-ops across the UK gather to hear a key session on how to build a “fairer economy”: a topic that is close to every co-operators heart and a vital driver for people to become co-operators in the first place. Author and journalist Oliver Bullough told […]
Interactive map shows extent of offshore companies owning property in Greater Manchester
Offshore company ownership of property is on the increase across Greater Manchester. Now you can see who these overseas companies are and where the properties they own are located using an online interactive map created by The Meteor using the latest information from the Land Registry database. The map reveals overseas companies that bought property […]
What links ISIS, the al Nusra Front and genocide in Darfur to the Manchester property market?
The housing development boom in Manchester is gathering pace. Skyscrapers are rearing up across the city, with many more in the pipeline, while a housing crisis continues for many. An increasing number of these luxury high rise apartments are being snapped up by overseas companies, the ultimate owners of which are often shrouded in the […]
Tax haven company owns £27m of Manchester property, but who owns the company?
One company registered in the British Virgin Islands tax haven owns property in Manchester with a value of around £27 million. The company name is Wisdom Max Group Limited, but who is the ultimate owner of this company and how did they make their money? These are questions that commonly go unanswered due to the […]
Dramatic rise in tax haven companies owning property in Manchester mimics the city’s growing skyline
Property in Manchester is not only reaching for the sky: its ownership is extending across the globe. With investors keen to cash in on the lucrative high rise luxury housing boom in Manchester city centre, the number of properties owned by companies registered overseas has risen by 8.8% in just eight months. Tower blocks are […]