Tony Blair and the tax haven bank for the super-rich

Britain's Sunday Times newspaper is reporting this morning that former prime minister Tony Blair is involved in setting up a boutique bank for very high net-worth individuals (ultra Hen-Wees) with branches in a number of secrecy jurisdictions, including Luxembourg and Liechtenstein. You can purchase access to the article here.

Postscript: The Financial Times on Monday carried an article in which staff from Mr Blair's private office describe the Sunday Times article as "fatuous". We hope to know the truth in due course. Involvement in tax havenry would cause huge harm to Mr Blair's international reputation.