Offshore Investment

Iceland has today pledged to pay back over $5bn to the governments of the UK and the Netherlands following the collapse of Icesave.

Here we list who has moved where in another busy week in the offshore sector.

Harlequins' owners and senior management face a testing period as they attempt to hang on to their jobs and balance the club's books in the wake of the Bloodgate scandal.

Revised GDP data which reveals the UK economy shrank by less than expected in the second quarter, has failed to buoy sterling so far.

Sales of overseas domiciled funds have rocketed in July, according to the latest figures from the IMA.

Switzerland has signed a revised double taxation agreement (DTA) with Luxembourg edging Switzerland closer to "White List" status.

High street banks squeeze overseas property investors for an average of £4,000 for every €200,000 they buy, research reveals.

After almost a year's wait, savers with money trapped in failed bank Kaupthing Singer & Friedlander Isle of Man (KSFIOM) have been told they will receive their first dividend from the bank's liquidators next week.

HMRC has released a podcast to highlight its power to catch and punish tax evaders who ignore the opportunity to settle up any unpaid tax using the New Disclosure Opportunity (NDO).

The offshoring of business services faces a difficult future and will have a "serious impact" on the insurance industry, the Chartered Insurance Institute (CII) says.