Uncategorized

UK prime minister candidate defends using offshore…

Using an offshore Jersey bank does not
make you a tax avoider, UK prime
ministerial candidate Andrea Leadsom
has said.
In an interview with the BBC , Leadsom
confirmed that she had taken out a
mortgage with the Jersey branch of
investment bank Kleinwort Benson.
She defended her actions, saying: “I
had a mortgage, for which I shopped
around for the cheapest deal. At the
time it was being offered by a UK bank
who booked it to Jersey.”
She denied that that made her a tax
avoider or that it had been done
deliberately. She said the bank first
booked the mortgage in Jersey and
then subsequently booked it in London.
Career confusion
Leadsom, one of the two candidates to
replace David Cameron as leader of the
Conservatives, has also faced criticism
about her previous career in financial
services.
Former colleagues have accused
Leadsom of embellishing her job history
and misrepresenting her experience,
which she has strongly denied.
“I have not changed my CV. I have had
25 years in finance. I spent the best
part of 10 years in BZW and Barclays
and the best part of 10 years in Invesco
Perpetual.
“I started life as a trainee broker on the
London Metals Exchange working for a
big American brokerage firm.”
Leadsom said: “My CV is incredibly
varied and it’s all absolutely true… I
have been very clear – I am not a funds
manager. I was, in BZW and Barclays,
managing huge teams of people and
large budgets.”
Kirsten is a reporter for International
Adviser , covering global news stories
about the financial services industry.
She joined Last Word Media in October
2015 after two years working as a
reporter covering the staffing and
recruitment industry. Kirsten has a
Masters in Financial Journalism from
the University of Stirling.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Uncategorized

UK prime minister candidate defends using offshore…

Using an offshore Jersey bank does not
make you a tax avoider, UK prime
ministerial candidate Andrea Leadsom
has said.
In an interview with the BBC , Leadsom
confirmed that she had taken out a
mortgage with the Jersey branch of
investment bank Kleinwort Benson.
She defended her actions, saying: “I
had a mortgage, for which I shopped
around for the cheapest deal. At the
time it was being offered by a UK bank
who booked it to Jersey.”
She denied that that made her a tax
avoider or that it had been done
deliberately. She said the bank first
booked the mortgage in Jersey and
then subsequently booked it in London.
Career confusion
Leadsom, one of the two candidates to
replace David Cameron as leader of the
Conservatives, has also faced criticism
about her previous career in financial
services.
Former colleagues have accused
Leadsom of embellishing her job history
and misrepresenting her experience,
which she has strongly denied.
“I have not changed my CV. I have had
25 years in finance. I spent the best
part of 10 years in BZW and Barclays
and the best part of 10 years in Invesco
Perpetual.
“I started life as a trainee broker on the
London Metals Exchange working for a
big American brokerage firm.”
Leadsom said: “My CV is incredibly
varied and it’s all absolutely true… I
have been very clear – I am not a funds
manager. I was, in BZW and Barclays,
managing huge teams of people and
large budgets.”
Kirsten is a reporter for International
Adviser , covering global news stories
about the financial services industry.
She joined Last Word Media in October
2015 after two years working as a
reporter covering the staffing and
recruitment industry. Kirsten has a
Masters in Financial Journalism from
the University of Stirling.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: