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What is a Tax Haven and is the City of London one? See the Non-sovereign jurisdictions commonly labelled as tax havens section for the listing of The City of London

History of The City of London

Vince Cable of the UK Liberal Democrats has said out loud what is known in the U.K. as the bleeding obvious. "In the UK we need to put the whingeing of the City to one side and concentrate on delivering our core narrative, to achieve growth by rebalancing the UK economy.

The City of London provides local government and policing services for the financial and commercial heart of Britain, the 'Square Mile'. It is committed to supporting and promoting 'The City' as the world leader in international finance and business services through the policies it pursues and the high standard of services it provides.

Henk Ruyssenaars' article on July 10th 2006 drew attention to the book "Descent into Slavery" by Des Griffin in which the real meaning of the term "City of London" is explained. The following is an excerpt from that article.

It's the dark heart of Britain, the place where democracy goes to die, immensely powerful, equally unaccountable. But I doubt that one in 10 British people has any idea of what the Corporation of the City of London is and how it works. This could be about to change.

Return to: Home | Business | Economy There is an institution with a murky history and remarkable powers that acts like a political and financial island within our island nation state. Welcome to the Square Mile and the City of London Corporation.

Links to support the following subject Problem 1: Globally, corporations deprive the public purse of hundreds of billions of pounds each year, leaving insufficient funds to provide people with fair living standards. Solution 1: We must abolish tax havens and complex tax avoidance schemes, and ensure corporations pay tax that accurately reflects their real profits.

Time for change