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 […]
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 […]
The Spider’s Web – how Britain helps the wealthy avoid tax globally
‘The Spiders Web: Britain’s Second Empire’ documents Britain’s central role in creating and orchestrating a web of offshore tax havens that help the rich and powerful across the world, avoid their obligations to society, to build up ever greater piles of wealth in companies incorporated in British Crown Dependencies such as Jersey, or Overseas Territories […]