The Spider’s Web: Britain’s Second Empire | Crown and Corruption | The Offshore Dominance

The Spider’s Web: Britain’s Second Empire – How Britain transformed from an imperial power to a financial power.

The Spider’s Web: Britain’s Second Empire (2017)
Director: Michael Oswald
Writers: Michael Oswald(screenplay)
Stars: Joel Benjamin, Peter Cain, John Christensen
Genre: Documentary
Country: United Kingdom, United States
Language: English
Release Date: 5 May 2017 (Mexico)

Storyline:
The Spider’s Web: Britain’s Second Empire, is a documentary film that shows how Britain transformed from a colonial power into a global financial power. At the demise of 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 may be hidden in British offshore jurisdictions and Britain and its offshore jurisdictions are 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 stylized 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.

Reviews:
“This is a fascinating, compelling and well-made film about how the City of London increased its influence through the use of tax havens after the break up of the British Empire.

The documentary is extremely informative and eye-opening, but be warned, it can also leave you feeling angry and disillusioned about how successive governments, politicians, and the Establishment have combined to legally defraud the tax payer.

Sadly, nothing seems to change, probably because the same people who could actually do something are the very people who are enriching themselves through these tax havens. I really enjoyed this well-made film and I recommend it to anyone who has an interest in current affairs.” -Written by tabone on IMDb.com
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