David Cameron under pressure to end tax haven secrecy

David Cameron is under intense pressure to invoke special powers that would force British tax havens to end their fiercely protected secrecy.

In the wake of the Panama Papers scandal, which revealed the extent to which the likes of the British Virgin Islands (BVI) were being used to hide money offshore, the prime minister is being urged to set a timetable for imposing stringent anti-corruption laws on Britain’s tax havens.