Andy Verity

BBC Radio 4 - File on 4 Investigates, Abramovich, the Yachts and the Tax Dodge Former Chelsea owner Roman Abramovich dodged millions of pounds in VAT on his superyachts.

@faisalislam.bsky.social On top of the failure to get the proceeds of the Chelsea sale to the victims of the war in Ukraine, evidence from leaked files reveals Abramovich has been dodging tax for decades, set out in a File on 4 exposé earlier this year: www.bbc.co.uk/programmes/m...

Majority of Labour MPs oppose Rachel Reeves’s fiscal rules Divisions within the party are exposed as two thirds of MPs are against the Rachel Reeves’ fiscal plans

🧵New polling from @investinbritain.bsky.social by
@survation.bsky.social reveals a majority of Labour MPs want the Chancellor to change course on fiscal policy.

1/8 thetimes.com/article/6448...

Rate 'rigging' traders say they were scapegoated - now the Supreme Court will decide Tom Hayes and Carlo Palombo were among 37 City traders prosecuted for

Behind claims by Tom Hayes and Carlo Palombo that they were wrongly jailed is a deep scandal stretching back to 2007. Click on the links and you’ll see and hear evidence, covered up for years, of pressure to rig interest rates from central banks and governments….

www.bbc.co.uk/news/article...

Spring Statement Part 2: The biggest disability cuts on record? | NEB Digest This week, we explore the scale of disability benefit cuts, the economic and moral arguments around this controversial decision, and the impact it will have on millions of people.

The biggest disability cuts on record?

This week, we explore the scale of disability benefit cuts, the economic and moral arguments around this controversial decision, and the impact it will have on millions of people.

www.neweconomybrief.net/the-digest/s...

Chuffed that our File on 4, 'Abramovich, the Yachts and the Tax Dodge' has made it into Pick of the Week with Clive Anderson - on in 15 minutes (or BBC Sounds anytime).

Deloitte said it had always acted in compliance with applicable laws and regulations.

When the EU sanctioned Russians after invasion of Ukraine, the UK offered to help fund a new National Sanctions Implementation Unit in Cyprus, announced in December by Keir Starmer on a state visit. A global firm of consultants would help to set it up.Their name?
You guessed it.
Deloitte.

The firm administering Abramovich's fortune was also run by a former Deloitte partner, who continued to work with Deloitte until 2022, when both he and his firm were sanctioned. Now comes the kicker:

Deloitte advised Blue Ocean that if the ships are pleasure vessels, they have to pay VAT. But if the vessels are classified as commercial, they don’t.

BBC Radio 4 - File on 4 Investigates, Abramovich, the Yachts and the Tax Dodge Former Chelsea owner Roman Abramovich dodged millions of pounds in VAT on his superyachts.

In case you haven't yet listened yet to File on 4 Investigates this week, it reveals that global consultants Deloitte helped Roman Abramovich’s yacht management company Blue Ocean when they set up their yacht chartering scheme: www.bbc.co.uk/programmes/m...