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the queen's investments are handled by the duchy of lancaster. n seek sexy where some of that money was coming. £10 million was invested in tax havens. —— we can see where some... it is perfectly legal and there was no question that tax was being avoided. that should be monitored's cash be going offshore? if the cash was going offshore? if the cash was going abroad, i would think it was being extremely embarrassing. we accept higher standards of the queen in terms of where the investments are located. the duchy told us... the paradise papers also expose a new link between president trump's government and the russians. it is wilbur ross, she is president trump's, secretary. this man is the sanctioned friend of president putin. we have found that these two men have a business link. wilbur ross said that he would cut ties with companies that could compromise his new role in the us government. your service has resulted in you divesting yourself of literally hundreds of millions of dollars. you did it to avoid any conflict—of—interest, crept? did it to
the queen's investments are handled by the duchy of lancaster. n seek sexy where some of that money was coming. £10 million was invested in tax havens. —— we can see where some... it is perfectly legal and there was no question that tax was being avoided. that should be monitored's cash be going offshore? if the cash was going offshore? if the cash was going abroad, i would think it was being extremely embarrassing. we accept higher standards of the queen in terms of where the investments...
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there is the issue of the duchy of lancaster which does manage our money. hey have an ethical consideration when it put the money and it would appear if some of this money is going into tax savings and this white house group which is a aggressive high street organisation which mainly lends the poor people, perhaps they have failed to some degree in living up to those ethical considerations in that respect. —— bright house. there is some substance here we have to engage with. one of the questions asked of the duchy of lancaster, and about who manages the funds. moving to the telegraph, as you hint, a moment ago, with all the different options that the newspapers have, in terms of what they focus on, they have gone with the queen as well. indeed. the poor queen. i noticed here that i'd take ben ‘s point about the morality but they do claim the queen does not manage the duchy of lancaster's investments which are decided by the council we have just implied. it pays tax voluntarily on any income, now what tax that is, perhaps they do pay voluntary on tax which is
there is the issue of the duchy of lancaster which does manage our money. hey have an ethical consideration when it put the money and it would appear if some of this money is going into tax savings and this white house group which is a aggressive high street organisation which mainly lends the poor people, perhaps they have failed to some degree in living up to those ethical considerations in that respect. —— bright house. there is some substance here we have to engage with. one of the...
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this is a huge leak and it shows what the duchy of lancaster was doing in investing the queen's privateduchy of lancaster which has hundreds of millions of pounds on her behalf, she draws her private income from it, that doesn't necessarily take day—to—day interest in individualfinancial necessarily take day—to—day interest in individual financial investments. that is important, because of those 1005 that is important, because of those 100s of millions, perhaps tens of millions went to the two offshore finds, in cayman islands and bermuda. the one in the cayman islands invested about £350,000 in a private equity venture run by a uk company which purchased to retailers, one was threshers which went bust, owing £70 million to the tax man, and the other was a company where people go to get a server or a washing machine, they paid by the week and can pay more than the initial purchase price. the financial conduct authority says it needs to pay compensation to thousands of customers, although these are small investments by the queen, they are controversial. our royal correspondent nicholas w
this is a huge leak and it shows what the duchy of lancaster was doing in investing the queen's privateduchy of lancaster which has hundreds of millions of pounds on her behalf, she draws her private income from it, that doesn't necessarily take day—to—day interest in individualfinancial necessarily take day—to—day interest in individual financial investments. that is important, because of those 1005 that is important, because of those 100s of millions, perhaps tens of millions went to...
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invested in offshore funds based in the cayman islands and bermuda by her private estate, the duchy of lancasteramian green describes claims that police found pornography on his computer in 2008 as "political smears". it has an impressive cast but is kenneth ‘s remake of an agatha christie classic is a success? will find out in film review. hello and welcome to our look ahead to what the the papers will be bringing us tomorrow. with me are ruth lea, arbuthnot banking group economic adviser. and ben chu, economics editor at the independent. welcome to both of you. the telegraph has a warning from the home secretary, that there could be a "clearing out" of mps and ministers over the westminster sexual harassment scandal. the metro reports on the mass shooting in texas in which at least 20 people are reported to have been killed. 25 people are reported to have been killed. it also pictures the queen, amid the paradise papers leak into offshore funds. the guardian also reports on the paradise papers, which it calls the world's second biggest data leak. that story also makes the front page of the tim
invested in offshore funds based in the cayman islands and bermuda by her private estate, the duchy of lancasteramian green describes claims that police found pornography on his computer in 2008 as "political smears". it has an impressive cast but is kenneth ‘s remake of an agatha christie classic is a success? will find out in film review. hello and welcome to our look ahead to what the the papers will be bringing us tomorrow. with me are ruth lea, arbuthnot banking group economic...
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the queen's investments are handled by the duchy of lancaster. les, we can see where some of the money was going. £10 million was invested in tax havens, with $7.5 million in one fund in the cayman islands. it is perfectly legal and there is no suggestion tax was being avoided but should the monarch's cash be going offshore? if the money has been invested in a tax haven, i would have thought it would be extremely embarrassing for the queen and the royal family. we expect higher standards of the queen in terms of where the investments are located. the duchy told us: the paradise papers also expose a new link between president trump's government and the russians. you know who that is, right? it's wilbur ross, president trump's commerce secretary. this is in gennady timchenko, the sanctioned friend of president putin. we have found that these two men have a business link. wilbur ross said that he cut ties with companies that could compromise his new role in the us government. your service has resulted in your divesting yourself of literally hundreds
the queen's investments are handled by the duchy of lancaster. les, we can see where some of the money was going. £10 million was invested in tax havens, with $7.5 million in one fund in the cayman islands. it is perfectly legal and there is no suggestion tax was being avoided but should the monarch's cash be going offshore? if the money has been invested in a tax haven, i would have thought it would be extremely embarrassing for the queen and the royal family. we expect higher standards of...
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the duchy of lancaster is exempt from uk tax. e equivalent of income tax on her personal income from the duchy, which amounted to more than £19 million last year. but it is, unquestionably, embarrassing for her. thank you. as revealed in the paradise papers, the operation of tax havens around the world is complex and shrouded in secrecy. they offer low tax rates — and methods of regulation which are attractive to wealthy individuals and companies. 0ur economics editor, kamal ahmed, takes a closer look now at the system, and the part the uk plays in it. for centuries, britain has been a centre for global finance, focused here on the city of london — and that's seen by many as good for our economy and the development of global trade. to support that, we allowed companies to set up in the uk and not be taxed here. companies to set up in the uk 0ur imperial past is also important. companies to set up in the uk across the world, the what are called crown dependencies, or 0verseas territories, places like jersey and guernsey and the isl
the duchy of lancaster is exempt from uk tax. e equivalent of income tax on her personal income from the duchy, which amounted to more than £19 million last year. but it is, unquestionably, embarrassing for her. thank you. as revealed in the paradise papers, the operation of tax havens around the world is complex and shrouded in secrecy. they offer low tax rates — and methods of regulation which are attractive to wealthy individuals and companies. 0ur economics editor, kamal ahmed, takes a...
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the queen's investments are handled by the duchy of lancaster. n see where some of the money was going. £10 million was invested in tax havens, with $7.5 million in one fund in the cayman islands. it is perfectly legal and there is no suggestion tax was being avoided but should the monarch‘s cash be going offshore? if the money has been invested in a tax haven i would have thought it would be extremely embarrassing for the royal family. we expect higher standards of the queen in terms of where the investments are located. the duchy told us: the paradise papers also expose a new link between president trump's government and the russians. you know who that is, right? it's wilbur ross, president trump's commerce secretary. this is in gennady timchenko, the sanctioned friend of president putin. we have found that these two men have a business link. wilbur ross said that he cut ties with companies that could compromise his new role in the us government. your service has resulted in your divesting yourself of literally hundreds of millions of dollars. y
the queen's investments are handled by the duchy of lancaster. n see where some of the money was going. £10 million was invested in tax havens, with $7.5 million in one fund in the cayman islands. it is perfectly legal and there is no suggestion tax was being avoided but should the monarch‘s cash be going offshore? if the money has been invested in a tax haven i would have thought it would be extremely embarrassing for the royal family. we expect higher standards of the queen in terms of...
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how does the duchy of lancaster operate? the duchy of lancaster operate? of investments which would not be deemed to be appropriate. what‘s the reaction from the palace then? there has been really no reaction. buckingham palace has known for several days this was coming. the palace felt it was a matter for the duchy of lancaster. the duchy issued a statement to panorama saying its investments are legitimate, pointing out a proportion are in equities and investments and making this point once again that the queen does voluntarily pay a sum equivalent to income tax on her investments. nicholas, witchell, live from outside of buckingham palace, thank you very much, nick. there is more analysis and detail from the paradise papers on the bbc news white. as richard bilton was telling us, there will be fresh information on panorama. you‘re watching breakfast. it is frosty out there. matt has all the details. good morning. it is rather frosty as well. temperatures at the moment starting to rise after dropping as low as minus six celsius in one or two spots, but ar
how does the duchy of lancaster operate? the duchy of lancaster operate? of investments which would not be deemed to be appropriate. what‘s the reaction from the palace then? there has been really no reaction. buckingham palace has known for several days this was coming. the palace felt it was a matter for the duchy of lancaster. the duchy issued a statement to panorama saying its investments are legitimate, pointing out a proportion are in equities and investments and making this point once...
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the duchy of lancaster is, in point of fact, exempt from uk tax. t year amounted to rather more than £19 million. but it is unquestionably, i think, embarrassing for her. plans by the trump administration to promote coal as a solution to climate change at a major un meeting in germany have angered environmentalists. an adviser to the president is expected to take part in a pro—coal presentation at the first full gathering of climate negotiators since president trump vowed to take the us out of the paris treaty. the talks are being being chaired by fiji. the pacific island has been experiencing the impacts of extreme weather. a short time ago, i spoke to barbara dreaver, pacific correspondent from tvnz. she is in fiji where the villagers from the small village of vunidogoloa deal with the effects of climate change every day. we are standing in front of one of 18 houses that have actually been abandoned. it has been a terrible situation to the villagers, it happened was that high tides and storm surges were sweeping through there, making it very unsaf
the duchy of lancaster is, in point of fact, exempt from uk tax. t year amounted to rather more than £19 million. but it is unquestionably, i think, embarrassing for her. plans by the trump administration to promote coal as a solution to climate change at a major un meeting in germany have angered environmentalists. an adviser to the president is expected to take part in a pro—coal presentation at the first full gathering of climate negotiators since president trump vowed to take the us out...
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the duchy of lancaster is, in point of fact, exempt from uk tax. e from the duchy, which last year amounted to rather more than £19 million. but it is unquestionably, i think, embarrassing for her. president trump has criticised the us trade relationship with japan as as neither fair nor open. speaking on the second day of his visit to japan, mr trump said the united states had suffered a massive trade deficit with his hosts for "many many years". his comments come ahead of formal talks with the japanese prime minister shinzo abe. from tokyo, rupert wingfield—hayes reports. under bright sunny skies, air force one touched down at the yokota air base, just outside tokyo. with a military band playing hail to the chief and a stage flanked by fighter jets, president trump was given a rock—star welcome by 2,000 us troops stationed here injapan. and then, he got to don a military jacket. president trump could have landed at tokyo airport and been met by prime minister shinzo abe. it is significant that instead, for his first stop on his asian tour, he has
the duchy of lancaster is, in point of fact, exempt from uk tax. e from the duchy, which last year amounted to rather more than £19 million. but it is unquestionably, i think, embarrassing for her. president trump has criticised the us trade relationship with japan as as neither fair nor open. speaking on the second day of his visit to japan, mr trump said the united states had suffered a massive trade deficit with his hosts for "many many years". his comments come ahead of formal...
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the queen's investments are handled by the duchy of lancaster. e money was going. £10 million was invested in tax havens, with $7.5 million in one fund in the cayman islands. it is perfectly legal and there is no suggestion tax was being avoided but should the monarch's cash be going offshore? if the money has been invested in a tax haven, i would have thought it would be extremely embarrassing for the queen and the royal family. we expect higher standards of the queen in terms of where the investments are located. the duchy told us: the paradise papers also expose a new link between president trump's government and the russians. you know who that is, right? it's wilbur ross, president trump's commerce secretary. this is in gennady timchenko, the sanctioned friend of president putin. we have found that these two men have a business link. wilbur ross said that he cut ties with companies that could compromise his new role in the us government. your service has resulted in your divesting yourself of literally hundreds of millions of dollars. you did
the queen's investments are handled by the duchy of lancaster. e money was going. £10 million was invested in tax havens, with $7.5 million in one fund in the cayman islands. it is perfectly legal and there is no suggestion tax was being avoided but should the monarch's cash be going offshore? if the money has been invested in a tax haven, i would have thought it would be extremely embarrassing for the queen and the royal family. we expect higher standards of the queen in terms of where the...
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the duchy of lancaster is controlled, administered by the chancellor of the duchy of her racy cabinetalace sets. so to what extent did that council actively supervise and oversee the investment choices which we re oversee the investment choices which were then delegated to investment managers? i suspect we may not get an answer. thank you very much. the paradise papers give a rare glimpse into the world of offshore finance. ben brown has been looking at what they tell us about the tax secrets of the ultra—rich. yes this is one of the biggest leaks of offshore secrets in history, and it's re—ignited the whole debate about tax havens and whether governments around the world need to crack down on them. there are 13.4 million leaked documents — they've been called the paradise papers because many of the off shore financial centres they involve are in the caribbean. mostly they're from the leading offshore law firm appleby — it says the leak is in fact an ‘illegal computer hack‘. it's important to say tax avoidance is not unlawful — but it is controversial. critics say that inevitably offs
the duchy of lancaster is controlled, administered by the chancellor of the duchy of her racy cabinetalace sets. so to what extent did that council actively supervise and oversee the investment choices which we re oversee the investment choices which were then delegated to investment managers? i suspect we may not get an answer. thank you very much. the paradise papers give a rare glimpse into the world of offshore finance. ben brown has been looking at what they tell us about the tax secrets...
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given the chairman of the conservative party and duchy of lancaster is responsible for administering minister tell the house what information he has had about the domiciled status of lord ashcroft between 2010 and 2015 and whether he was paying taxes on his overseas wealth? the chancellor now has an opportunity to tackle tax avoidance. can he assure the house that in the forthcoming budget he will adopt labour‘s proposals to remove exemptions from non—doms and secure full transparency of trusts? he now also agree to labour‘s proposals to establish an independent public inquiry into tax avoidance. in this government refuses to act, this next labour government will. well, mr speaker the, the honourable member raises the issue of the veracity otherwise of our figures. £160 billion collected on evasion and non compliance. that is a figure he will find broken down and published in the annual report and accounts. he refers to lord ashcroft and i‘m clearly not going to start getting into the individual tax affairs of any particular individual regardless of their political allegiance or whoev
given the chairman of the conservative party and duchy of lancaster is responsible for administering minister tell the house what information he has had about the domiciled status of lord ashcroft between 2010 and 2015 and whether he was paying taxes on his overseas wealth? the chancellor now has an opportunity to tackle tax avoidance. can he assure the house that in the forthcoming budget he will adopt labour‘s proposals to remove exemptions from non—doms and secure full transparency of...
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so far there has been nothing from the duchy of lancaster or from buckingham palace. 0ne duchy of lancasterm palace. one will imagine that there are meetings taking place and perhaps something will emerge later in the day. this cannot be helpful in terms of the overall reputation of somebody who has been so reputation of somebody who has been so scrupulous, who has been known for so many years for setting an impeccable example in every aspect of her life. one question that can be on this occasion is how much oversight was there from the council of the duchy of lancaster, the council that is the body that would have had overall oversight of the investment strategy. to what extent was that oversight taken through and applied to the investment managers who will have gone away and perhaps we re who will have gone away and perhaps were left to make these investment decisions without any proper scrutiny or proper advice from either buckingham palace with the duchy as to what would be appropriate for the head of state to be investing in? thank you. so how does the world of off shore finance work a
so far there has been nothing from the duchy of lancaster or from buckingham palace. 0ne duchy of lancasterm palace. one will imagine that there are meetings taking place and perhaps something will emerge later in the day. this cannot be helpful in terms of the overall reputation of somebody who has been so reputation of somebody who has been so scrupulous, who has been known for so many years for setting an impeccable example in every aspect of her life. one question that can be on this...
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the queen's investments are handled by the duchy of lancaster. now, because of the files, we can see exactly where some of that money was going. they reveal millions of pounds of secret offshore investments. its £10 million in tax havens — perfectly legal, and no suggestion that the duchyis legal, and no suggestion that the duchy is avoiding tax. but should the monarch's tax really be offshore, a place of lax regulation, low tax and secrecy? if the money has been invested in a tax haven, i would have thought it would be extremely embarrassing for the queen and the royal family. extremely embarrassing for the queen and the royalfamily. we extremely embarrassing for the queen and the royal family. we expect higher standards of the queen in terms of where the investments are located. half of the 10 million was invested in the cayman islands come ata invested in the cayman islands come at a tax haven where the queen is head of state. now, we can't see where all the money went, but the documents show the duchy invested in medical and technology compani
the queen's investments are handled by the duchy of lancaster. now, because of the files, we can see exactly where some of that money was going. they reveal millions of pounds of secret offshore investments. its £10 million in tax havens — perfectly legal, and no suggestion that the duchyis legal, and no suggestion that the duchy is avoiding tax. but should the monarch's tax really be offshore, a place of lax regulation, low tax and secrecy? if the money has been invested in a tax haven, i...
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invested in offshore funds based in the cayman islands and bermuda by her private estate, the duchy of lancasternservative mp chris pincher has referred himself to the police and voluntarily stepped down from the whip's office, following allegations over his behaviour. we were planning to show britain's best new building at this point — but we're going to stay with the breaking news in texas — so if you do want to watch david sillito‘s programme on the stirling prize you can find it on the bbc iplayer. let's get more on the texas shooting. at least 27 people are reported to have been killed at a baptist church at sutherland springs. a small community about 30 miles from san antonio is where this shooting took place. 0ne witness, carrie — who works at a shop close to the church — told cbs news what she'd heard and seen. i'm about 50 yards away, there's a i’ow i'm about 50 yards away, there's a row of houses. we ran outside and we heard the shots, we looked at each other and said, i'm heard the shots, we looked at each otherand said, i'm not heard the shots, we looked at each other and said, i'm n
invested in offshore funds based in the cayman islands and bermuda by her private estate, the duchy of lancasternservative mp chris pincher has referred himself to the police and voluntarily stepped down from the whip's office, following allegations over his behaviour. we were planning to show britain's best new building at this point — but we're going to stay with the breaking news in texas — so if you do want to watch david sillito‘s programme on the stirling prize you can find it on...
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these investments were largely made in the cayman islands and in bermuda through the duchy of lancaster which is the queen's private as state the duchy of lancaster have since come out saying that they didn't realize the investments of be made roughly around fifteen years ago they may have been made as part of a much wider portfolio of investments in multiple different locations some of them of course british overseas territories those sunny islands that of course given this leak the name the paradise papers i think we have to assume that there will be a response from the queen's household called at some point over the course of monday it doesn't of course look good to the marquis has made it massive inroads in recent years to try and be more and more transparent by publishing for its finances ever since two thousand and one by paying income tax voluntarily since one thousand nine hundred three how if you are the head of state this could happen is a big question if you are of course the queen your financial dealings need to be whiter than white and that's of course what the big question
these investments were largely made in the cayman islands and in bermuda through the duchy of lancaster which is the queen's private as state the duchy of lancaster have since come out saying that they didn't realize the investments of be made roughly around fifteen years ago they may have been made as part of a much wider portfolio of investments in multiple different locations some of them of course british overseas territories those sunny islands that of course given this leak the name the...
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invested in offshore funds based in the cayman islands and bermuda by her private estate, the duchy of lancasterhan 13 million secret documents — one tax expert says it's likely to embarrass buckingham palace. the papers also disclose how donald trump's commerce secretary has business links with russian allies of president putin who are subject to us sanctions and the spotlight is on the conservative party donor lord ashcroft: the files suggest
invested in offshore funds based in the cayman islands and bermuda by her private estate, the duchy of lancasterhan 13 million secret documents — one tax expert says it's likely to embarrass buckingham palace. the papers also disclose how donald trump's commerce secretary has business links with russian allies of president putin who are subject to us sanctions and the spotlight is on the conservative party donor lord ashcroft: the files suggest
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invested in offshore funds based in the cayman islands and bermuda by her private estate, the duchy of lancasterommerce secretary has business links with russian allies of president putin who are subject to us sanctions. and the spotlight is on the conservative party donor lord ashcroft. the files suggest he could face a tax bill of tens of millions because of the way he may have used an offshore trust.
invested in offshore funds based in the cayman islands and bermuda by her private estate, the duchy of lancasterommerce secretary has business links with russian allies of president putin who are subject to us sanctions. and the spotlight is on the conservative party donor lord ashcroft. the files suggest he could face a tax bill of tens of millions because of the way he may have used an offshore trust.
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invested in offshore funds based in the cayman islands and bermuda by her private estate, the duchy of lancaster the revelation comes from a cache of more than 13 million secret documents — one tax expert says it's likely to embarrass buckingham palace. the papers also disclose how donald trump's commerce secretary has business links with russian allies of president putin who are subject to us sanctions. and the spotlight is on the conservative party donor lord ashcroft: the files suggest he could face a tax bill of tens of millions because of the way he may have used an offshore trust. and in other news, the prime minister's deputy, damian green, strenuously denies claims that pornography was found on a computer in his commons office nearly a decade ago. jeremy corbyn tells the bbc he was aware of allegations against suspended labour mp kelvin hopkins before his shadow cabinet appointment. and catalonia's sacked leader and four former ministers turn themselves in to belgian police — a judge must decide whether to execute european arrest warrants issued by spain. president trump says that no nat
invested in offshore funds based in the cayman islands and bermuda by her private estate, the duchy of lancaster the revelation comes from a cache of more than 13 million secret documents — one tax expert says it's likely to embarrass buckingham palace. the papers also disclose how donald trump's commerce secretary has business links with russian allies of president putin who are subject to us sanctions. and the spotlight is on the conservative party donor lord ashcroft: the files suggest he...
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invested in offshore funds based in the cayman islands and bermuda by her private estate, the duchy of lancaster that police found pornography on his computer in 2008 as "political smears".
invested in offshore funds based in the cayman islands and bermuda by her private estate, the duchy of lancaster that police found pornography on his computer in 2008 as "political smears".
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invested in offshore funds based in the cayman islands and bermuda by her private estate, the duchy of lancaster o'clock, reeta chakrabarti will be here with a full round up of the day's news. first it's time for our world — escaping isis. street by street, so—called islamic state is losing its last footholds in iraq and syria. the caliphate is almost finished on the battlefield but what of the children whose minds it moulded? the families who became part of islamic state? i have come to northern iraq to find those now trying to rebuild their lives after isis, to meet its child soldiers... if you didn't say the right thing, how did they punish you? ..its former slaves. ..and to search for some of the families of foreigners who chose to join isis. many of them have now disappeared without trace. children singing. in a classroom in northern iraq, they are singing to overcome their memories. these nine and ten year olds were all captives of so—called islamic state, where music was forbidden. chldren singing. from their smiles, you might not guess the violence they have seen but they are all scarred
invested in offshore funds based in the cayman islands and bermuda by her private estate, the duchy of lancaster o'clock, reeta chakrabarti will be here with a full round up of the day's news. first it's time for our world — escaping isis. street by street, so—called islamic state is losing its last footholds in iraq and syria. the caliphate is almost finished on the battlefield but what of the children whose minds it moulded? the families who became part of islamic state? i have come to...
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the queen's investments, handled by the duchy of lancaster. now, because of the files, we can see exactly where some of that money is going. they reveal millions of pounds of secret offshore investments. it's £10 million in tax havens. perfectly legal and no suggestion the duchy‘s avoiding tax. but should the monarch‘s cash really be offshore, a place of lax regulation, low tax and secrecy? if the money has been invested in a tax haven i would have thought it would be extremely embarrassing for the queen and the royal family. we expect higher standards of the queen, in terms of where their investments are located. half of the 10 million was invested in the cayman islands, a tax haven where the queen is head of state. now, we can't see where all the money went, but the documents show that duchy invested in medical and technology companies and two british high street retailers. one was the off—licence chain thresher. it went bust, owing £17 million to the taxman. the other was the small amount in the rent to buy retailer bright house. two weeks a
the queen's investments, handled by the duchy of lancaster. now, because of the files, we can see exactly where some of that money is going. they reveal millions of pounds of secret offshore investments. it's £10 million in tax havens. perfectly legal and no suggestion the duchy‘s avoiding tax. but should the monarch‘s cash really be offshore, a place of lax regulation, low tax and secrecy? if the money has been invested in a tax haven i would have thought it would be extremely...
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Nov 6, 2017
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the queen's investments are handled by the duchy of lancaster. e exactly where some of the money was going. £10 million was invested in tax havens with $7.5 million in one fund in the cayman islands. it is perfectly legal and there is no suggestion tax was being avoided but should the monarch‘s cash be going offshore? if the money has been invested in a tax haven, i would have thought it would be extremely embarrassing for the queen and the royal family. we expect higher standards of the queen in terms of where the investments are located. the duchy told us: the paradise papers also expose a new link between president trump's government and the russians. you know who that is, right? it's wilbur ross, president trump's commerce secretary. now, this is gennady timchenko. he is the sanctioned friend of president putin. we have found these two men have a business link. wilbur ross said he cut ties with companies that could compromise his new role in the us government. your service has resulted in your divesting yourself of literally hundreds of millio
the queen's investments are handled by the duchy of lancaster. e exactly where some of the money was going. £10 million was invested in tax havens with $7.5 million in one fund in the cayman islands. it is perfectly legal and there is no suggestion tax was being avoided but should the monarch‘s cash be going offshore? if the money has been invested in a tax haven, i would have thought it would be extremely embarrassing for the queen and the royal family. we expect higher standards of the...
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Nov 7, 2017
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given the chairman of the conservative party and chancellor duchy of lancaster is responsible for: administeringate of lancaster, has the chancellor or any minister discussed these revelations with the right honourable member for derbyshire dales and will he be apologising to our majesty for the embarrassment this episode has caused? will he now also agree to labour's proposals to establish an independent public enquiry into tax avoidance? because i tell them, if this government refuses to act, this next labour government will. he raises the issue of the measures he and his party put forward in the last finance bill. can ijust remind him of two things? it is this party that has put an end to this status. and it was the party opposite that sought by voting against that bill at third reading to stop that happening. seems to be an extraordinary misunderstanding with the shadow chancellor between avoidance and evasion. evasion is wholly illegal, avoidance is normal. people putting their money into an isa are avoiding tax. that is completely legal. what there is is a moral issue. if a political party
given the chairman of the conservative party and chancellor duchy of lancaster is responsible for: administeringate of lancaster, has the chancellor or any minister discussed these revelations with the right honourable member for derbyshire dales and will he be apologising to our majesty for the embarrassment this episode has caused? will he now also agree to labour's proposals to establish an independent public enquiry into tax avoidance? because i tell them, if this government refuses to act,...
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the duchy of lancaster, the private investment vehicle for the queen, put £10 million, a small fractionrall investments, in offshore funds with $7.5 million of that in one fund in the cayman islands. in 2007, it was asked to put £350,000 into investment projects including the purchase of two retailers. one was the company that owned threshers that later went bust owning £70 million in tax, and the other was brighthouse, the controversial rent—to—own retailer which was recently forced to compensate a quarter of a million customers. i am pretty furious with those who advise her and that are bringing her reputation into disrepute. it is so obvious that if you are looking after the money of the monarchy, you have got to be cleaner than clean and you must never go near the dirty world of money laundering, tax avoidance, tax evasion or making money in dubious ways. the duchy told us that all of the investments were fully audited and legitimate. the documents also reveal that donald trump's commerce secretary, wilbur ross, has business links with russian allies of president vladimir putin. mr
the duchy of lancaster, the private investment vehicle for the queen, put £10 million, a small fractionrall investments, in offshore funds with $7.5 million of that in one fund in the cayman islands. in 2007, it was asked to put £350,000 into investment projects including the purchase of two retailers. one was the company that owned threshers that later went bust owning £70 million in tax, and the other was brighthouse, the controversial rent—to—own retailer which was recently forced to...
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elizabeth the british monarch around thirteen million dollars from the queen's private estate the duchy of lancaster were invested in funds in the cayman islands and bermuda it's not illegal for the queen to have done that but given that she is the head of state and that her duties are paid for out of the public purse can she really afford to be secretive about her finances. some politicians are calling for a public inquiry into the findings anyone is. putting money into tax havens in order to avoid taxation in britain and obviously investigations have to take place should do two things not just apologize for it but also recognize what it does to our society the boston consulting group estimates that ten trillion dollars is held offshore that's the combined output of japan france and the u.k. the law firm appleby insists there's no evidence of wrongdoing. investing money offshore powered by silence outside a company's financial regulation is not illegal but an important question still remains is it ethical the park out london. well the u.s. secretary of commerce well process responded to finance the
elizabeth the british monarch around thirteen million dollars from the queen's private estate the duchy of lancaster were invested in funds in the cayman islands and bermuda it's not illegal for the queen to have done that but given that she is the head of state and that her duties are paid for out of the public purse can she really afford to be secretive about her finances. some politicians are calling for a public inquiry into the findings anyone is. putting money into tax havens in order to...
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the duchy of lancaster, the private investment vehicle for the queen, put £10 million, a small fractiontments, in offshore funds with $7.5 million of that in one fund in the cayman islands. in 2007, it was asked to put £350,000 into investment projects including the purchase of two retailers. one was the company that owned threshers that later went bust owning £70 million in tax, and the other was brighthouse, the controversial rent—to—own retailer which was recently forced to compensate a quarter of a million customers. i am pretty furious with those who advise her and that are bringing her reputation into disrepute. it is so obvious that if you are looking after the money of the monarchy, you have got to be cleaner than clean and you must never go near the dirty world of money laundering, tax avoidance, tax evasion or making money in dubious ways. the duchy told us that all of the investments were fully audited and legitimate. the documents also reveal that donald trump's commerce secretary, wilbur ross, has business links with russian allies of president vladimir putin. mr ross has a
the duchy of lancaster, the private investment vehicle for the queen, put £10 million, a small fractiontments, in offshore funds with $7.5 million of that in one fund in the cayman islands. in 2007, it was asked to put £350,000 into investment projects including the purchase of two retailers. one was the company that owned threshers that later went bust owning £70 million in tax, and the other was brighthouse, the controversial rent—to—own retailer which was recently forced to compensate...
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Nov 5, 2017
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invested in offshore funds based in the cayman islands and bermuda by her private estate, the duchy of lancasterith russian allies of president putin who are subject to us sanctions. and the spotlight
invested in offshore funds based in the cayman islands and bermuda by her private estate, the duchy of lancasterith russian allies of president putin who are subject to us sanctions. and the spotlight
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Nov 7, 2017
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coming as it does two days after the revelation about the duchy of lancaster, so here we are talking all, this is the prince of wales private estate, it's the way he raises income to pay for his office and the office of his children. so the first issue is this issue of offshore trusts and we heard of, or seen from the paradise papers that the trust, the duchy invested in $3.9 million in four funds in the cayman islands in 2007. now clarence house have given their response to this offshore investment. they say the prince of wales does not have any direct involvement in the investment decisions taken by the up duchy, so careful use of language as to what he may or may not have been aware of. it is worth thinking about looking at the website which says that the duke is actively involved in the running of the duchy and his philosophy is to pass it on in a stronger and better condition, so that maybe gives an indication of his involvement. there is no issue of tax avoidance because the duchy of tax avoidance because the duchy of cornwall is exempt from paying tax and the prince of wales ha
coming as it does two days after the revelation about the duchy of lancaster, so here we are talking all, this is the prince of wales private estate, it's the way he raises income to pay for his office and the office of his children. so the first issue is this issue of offshore trusts and we heard of, or seen from the paradise papers that the trust, the duchy invested in $3.9 million in four funds in the cayman islands in 2007. now clarence house have given their response to this offshore...
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pounds of her own money in an offshore finding that was done through her private estate to the duchy of lancaster and now there's nothing to suggest that this was illegal but it has raised lots of questions people asking whether a monarch should really do that whether she should hide her money outside of the country and one author was written about the vast wealth of the british royal family has helped to just put it into context say why this is a scandal in the u.k. right now david meckler he says we expect the highest standards from the queen when it comes to her that she's a financial investments another name that also was a surprise to a lot of people was that of the you to lead singer bono as a bono he is known for his charity work across the world for fighting poverty fighting for justice then the papers suggest that he was invested in that company in malta so use that to reduce his taxes people commenting on that online or with altered due to lyrics like this one here saying i want to run i want to hide where the streets have no tax of the paradise papers huge discussion online and of cour
pounds of her own money in an offshore finding that was done through her private estate to the duchy of lancaster and now there's nothing to suggest that this was illegal but it has raised lots of questions people asking whether a monarch should really do that whether she should hide her money outside of the country and one author was written about the vast wealth of the british royal family has helped to just put it into context say why this is a scandal in the u.k. right now david meckler he...
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Nov 6, 2017
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elizabeth the british monarch around thirteen million dollars from the queen's private estate the duchy of lancaster were invested in funds in the cayman islands and bermuda it's not illegal for the queen to have done that but given that she is the head of state and that her duties are paid for out of the public purse can she really afford to be secretive about her finances. some politicians are calling for a public inquiry into the findings anyone is. putting money into tax havens in order to avoid taxation in britain obviously investigations have to take place should do two things not just apologize for it but also recognize what it does to our society the boston consulting group estimates that ten trillion dollars is held offshore that's the combined output of japan france and the u.k. the law firm appleby insists there's no evidence of wrongdoing. investing money offshore powered by silence outside a comfy financial regulation is not illegal but an important question still remains is it ethical the park out london the us secretary of commerce wilbur ross has responded defiantly to the claim sayi
elizabeth the british monarch around thirteen million dollars from the queen's private estate the duchy of lancaster were invested in funds in the cayman islands and bermuda it's not illegal for the queen to have done that but given that she is the head of state and that her duties are paid for out of the public purse can she really afford to be secretive about her finances. some politicians are calling for a public inquiry into the findings anyone is. putting money into tax havens in order to...
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revealed that the queen has some of her personal fortune invested in offshore trusts by the duchy of lancasterleading congress — over his involvement with a shipping company — that allegedly has links to the kremlin. he's told the bbc today there is nothing improper about his investments. the latest revelations involve actors from the bbc‘s hit comedy show — mrs brown's boys. some of them diverted more than two million pounds into an offshore tax avoidance scheme according to the papers. there's no suggestion that those involved have acted illegally — as our correspondent angus crawford reports. do you want a cup of tea. yes, please. what's up? foul—mouthed and very funny. brendan o'carroll, alias mrs brown. his company produces one of the most popular comedy shows on tv. at bbc news has learned, three actors have been getting their fees sent offshore. patrick hoolahan, who plays wayward son dermot. do you not think you could've stayed in bed a little bit longer, marie? yeah, restless night. brendan o'carroll‘s real—life daughter fiona delaney. morning, mammy. good morning, trevor, son. and he
revealed that the queen has some of her personal fortune invested in offshore trusts by the duchy of lancasterleading congress — over his involvement with a shipping company — that allegedly has links to the kremlin. he's told the bbc today there is nothing improper about his investments. the latest revelations involve actors from the bbc‘s hit comedy show — mrs brown's boys. some of them diverted more than two million pounds into an offshore tax avoidance scheme according to the...
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Nov 8, 2017
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the royal household, they would regard this as private income, in the queen'scase, from the duchy of lancaster privacy they would expect of course, is a moot point. members voted to accept the plans. go via thames link says it is pleased they can move ahead and deliver stability. the dispute started in april last year, causing major disruption for 3000 passengers. to britain's energy suppliers are to merge. the new firm will be roughly the size of the market leader, british gas. the deal is expected to be completed by early 2019, subject to approval from shareholders and the regulator. relatives of those who died in enniskillen have been gathering today to remember the explosion. 12 people lost their lives. this became known as the poppy day bombing. yet if you think about the changes in the last three decades in northern ireland, the idea that someone would come, and deliberately kill at a time whenever they themselves were paying resemblance, —— remembrance, gives you an idea how far the peace process and political process has come. today, 30 years on, a memorial was unveiled to remember the
the royal household, they would regard this as private income, in the queen'scase, from the duchy of lancaster privacy they would expect of course, is a moot point. members voted to accept the plans. go via thames link says it is pleased they can move ahead and deliver stability. the dispute started in april last year, causing major disruption for 3000 passengers. to britain's energy suppliers are to merge. the new firm will be roughly the size of the market leader, british gas. the deal is...
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Nov 8, 2017
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but what is coming out of the duchy of lancaster is topping up what comes out of the sovereign's grant. just to let you know what is happening in the next few hours of the programme... until 9:15 a.m., i suppose that constitutes a few hours. gregory porter will be here at around 8:50 a.m., and oti and johnnie, i think they are fox trotting. let's also find out about the weather. if you have been out this morning, you will know it has been cold. louise is absolutely right, a cold start to the day. frost and patchy fog as well, across parts of northern ireland, north—west england and the central lowlands, especially the west of the central lowlands. and what we have had all morning is a bit more cloud and also some patchy light rain and drizzle in the south—east. that will slowly fade. we will start to see at ryton up from the west through the course of the afternoon, but there will be a lot of dry weather and a lot of sunshine. however, across the north—west we are going to see some rain and strengthening wind coming our way. into the afternoon, we shave away this cloud from the west. s
but what is coming out of the duchy of lancaster is topping up what comes out of the sovereign's grant. just to let you know what is happening in the next few hours of the programme... until 9:15 a.m., i suppose that constitutes a few hours. gregory porter will be here at around 8:50 a.m., and oti and johnnie, i think they are fox trotting. let's also find out about the weather. if you have been out this morning, you will know it has been cold. louise is absolutely right, a cold start to the...