On the train home last night I was reading the Evening Standard and came across Chris Blackhurst's article on tax havens.
In essence, he wrote a long article saying they were bad and evil and should be stamped out. I wondered whether the article would have appealed to readers if it had been researched and presented in a balanced format, describing the lengths that many of these financial centres are going to in order to improve regulation to levels far in excess of our own UK fiduciary industry. But then I remembered that in journalism, sensationalism is more important than the reality.
Chris Blackhurst: Britain’s island tax havens need action