If you’re being a tax haven we only really want London, say investors
INTERNATIONAL investors have demanded that when Britain becomes a tax haven it must slim down to just London.
Following Theresa May’s threat to turn the UK into a low-tax home for anonymous bank accounts and nine-to-a-room multinational head offices, investors have suggested she ‘trim the fat’ first.
Hedge fund manager Julian Cook said: “Tax haven is very much the way we’ve been going anyway, and some naughty boys I know in South America will be extremely interested.
“But, you know, Monaco, Luxembourg, the Cayman Islands… notice anything? Low acreage? Very little infrastructure to support?
“My clients are not the kind of people who foot the bill for Doncaster’s streetlights, I’m afraid, though big thanks to the Doncastrians for voting Brexit.
“No, I mean if the Scots and the nutters are going anyway bung the North off with them, auction Wales off as uninhabited, flood the South, London’s your sovereign tax haven. Job done.”
Chancellor Philip Hammond said: “Mmm. It does seem that absolutely everything worth bothering with is already in London. Coincidentally.”