Ex Tory chief slams 'prejudiced' Govt over offshore crackdown

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The UK Government's "prejudiced" view of offshore centres and its general misunderstanding of the industry could harm London's position as the international finance capital, ex shadow chief secretary to the Treasury Howard Flight warns.

Flight, who held the post from 2000-04, says the Government doesn't understand how offshore works and irrationally discriminates against perceived tax 'havens'. Speaking at the International Investment...

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