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Firm which specialises in offshore arrangements for individuals and companies. Theyve been obtained by the german newspaper su Deutsche Zeitung and shared with the International Consortium of investigative journalists including the bbcs panorama programme. Our 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 thats 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. Our imperial past is also important. Across the world, the what are called crown dependencies, or overseas territories, places like jersey and guernsey and the isle of man, which have an arms length relationship with us, and have based their economy on low tax offers to companies and individuals to hold some of their wealth there. Others are more far flung places like gibralt

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