UK's richest man moves to Monaco to 'save £4bn in tax'

Brexiter Sir Jim Ratcliffe’s company Ineos is reportedly working with PricewaterhouseCoopers to reduce bill Britain’s richest man, the Brexit supporter Sir Jim Ratcliffe, and two of his key lieutenants at chemicals firm Ineos have reportedly been planning to save up to £4bn in tax after moving to Monaco. The company,…

OECS financial sector ‘broadly stable”

The financial sector in the Organisation of Eastern Caribbean States (OECS) remained “broadly stable” last year and economic growth in the nine-member sub-regional grouping is projected at 3.1 per cent this year and 3.6 per cent in 2020. Grenada’s Prime Minister Dr. Keith Mitchell, who chaired the one-day meeting of…

Inside the fraught race to manage China’s money

For Western wealth managers eager to feast on the China market, Wan Long qualifies as prime red meat. Known as China’s “No. 1 butcher,” Wan is the billionaire chairman and chief executive of WH Group, the world’s largest pig slaughterer and pork processor. And nearing 80, Wan is surely weighing…
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