The Spider’s Web: Britain’s Second Empire TV - Jacques Peretti TV -
The Cayman Islands is the first largest financial centre in the world. It hosts 80,000 registered companies, over three-quarters of the world’s hedge funds and $1.9 trillion in deposits. It has a population of 60,000, roughly equivalent to New York’s homeless population. The Spider’s Web: Britain’s Second Empire ***** 2017, Youtube 1.18.01
We may be shivering. But there’s one bit of Britain where things are very different: the Cayman Islands. It’s a Caribbean paradise of sun, sea and cocktails, but there’s something else going on: big money. It’s one of the most secretive places on Earth. And for one very good reason: Cayman is a tax haven. Jacques Peretti, Britain’s Trillion Pound Paradise: Inside Cayman, BBC 2016
But on the Cayman Islands no-one pays a penny. ibid.
It’s a British overseas territory. ibid.
Fish fingers: eleven dollars … This island doesn’t necessarily work so well for ordinary people. ibid.
The average four-bed on Cayman: nearly two-million pounds. ibid.
It’s competing with tax havens around the world. ibid.
Cayman is an island of great inequality. ibid.