LONDON: Britain has come under mounting pressure to launch a crackdown on tax avoidance and reform its network of offshore havens, amid international outrage at the activities of multinationals and billionaires revealed by the Paradise Papers.
During urgent questions in the House of Commons on Monday, the disclosures from the leak were described as the “biggest tax scandal of this generation” by the shadow chancellor, John McDonnell, who demanded a full public inquiry.
A wave of condemnation ripped through Washington, Westminster and Brussels, as the world responded to details of how the UK’s tax havens have been used by figures including the Queen, Donald Trump’s commerce secretary, Wilbur Ross, and the closest political allies of the Canadian prime minister, Justin Trudeau.
