The UK banks that will benefit from the publicly-funded bailout have hundreds of subsidiary firms in tax havens such as the Cayman Islands, Jersey and the Bahamas, the Sunday Herald can reveal.
PART 1: Banks bailed out by UK taxpayers control hundreds of firms in tax havens By Paul Hutcheon, Investigations Editor
The UK banks that will benefit from the publicly-funded bailout have hundreds of subsidiary firms in tax havens such as the Cayman Islands, Jersey and the Bahamas, the Sunday Herald can reveal.