Banking is a shady game and The Spider’s Web: Britain’s Second Empire explores that in relation to how the financial interests of the City of London financial interests created a web of secrecy jurisdictions that bagged wealth from across the globe and hid it in offshore tax havens such as the Cayman Islands and the British Virgin Islands.
So, press the top left play button on the above feature image so the video can pop up for you to watch. It’s an hour and 15 minute-long film.
Today, up to half of global offshore wealth is hidden in British jurisdictions and Britain and its dependencies are the largest global players in the world of international finance.
The Spider’s Web was written, directed and produced by Michael Oswald an independent documentary filmmaker based in London.
