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The Spider's Web : Britain's Second Empire

Author: Infobase,; Sideways Film (Firm)
Publisher: [Place of publication not identified] : Sideways Film, New York, N.Y. : Distributed by Infobase, [2017] 2018. ©2017
Edition/Format:   eVideo : Clipart/images/graphics : English
Publication:Films on Demand.
Summary:
This program is an investigation into the world of Britain's secrecy jurisdictions and the City of London. It shows how Britain transformed from a colonial power into a global financial power. At the demise of the empire, City of London financial interests created a web of offshore secrecy jurisdictions that captured wealth from across the globe and hid it behind obscure financial structures in a web of offshore  Read more...
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Details

Genre/Form: History
Internet videos
Material Type: Clipart/images/graphics, Internet resource, Videorecording
Document Type: Internet Resource, Computer File, Visual material
All Authors / Contributors: Infobase,; Sideways Film (Firm)
OCLC Number: 1035310086
Language Note: Closed-captioned.
Notes: Originally released by Sideways Film, 2017.
Target Audience: 9 - 12, Academic/AP
Description: 1 online resource (1 video file (1 hr., 17 min., 52 sec)) : sound, color.
Contents: Protecting Financial Interests (5:34); London Euro Dollar Market (3:16); Euro Market's Rapid Growth (4:09); Bank of England (2:36); British Secrecy Model (4:30); Offshore Accounts (4:12); No Paper Trail (3:03); Dirty Business (3:04); Largest Financial Center (4:13); Lack of Global Standards (2:04); De-Industrial Economies (4:10); Tax Evasion (3:47); Researching Tax Evasion (4:23); Suppression (5:00); Offshore Bank Accounts (6:45); Generating Millions of Dollars (3:18); Negotiating Cheaper Tax Bills (4:59); Buying Influence (6:58); Credits: The Spider's Web: Britain's Second Empire (1:41);
Responsibility: Sideways Film.
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Abstract:

This program is an investigation into the world of Britain's secrecy jurisdictions and the City of London. It shows how Britain transformed from a colonial power into a global financial power. At the demise of the empire, City of London financial interests created a web of offshore secrecy jurisdictions that captured wealth from across the globe and hid it behind obscure financial structures in a web of offshore islands. Today, up to half of global offshore wealth is hidden in British offshore jurisdictions - the largest global players in the world of international finance. How did this come about, and what impact does it have on the world today? This is what the Spider's Web sets out to investigate. With contributions from leading experts, academics, former insiders and campaigners for social justice, the use of stylised b-roll and archive footage, The Spider's Web reveals how in the world of international finance, corruption and secrecy have prevailed over regulation and transparency, and the UK is right at the heart of this. "Want to know more about the menace of tax havens and the role of the City of London & Overseas Territories? Then this great film is a must" Frederik Obermaier, Journalist (Pulitzer Prize 2017)

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