David Cameron was in Washington rubbing shoulders with world leaders, sun-tanned and relaxed after a holiday in Lanzarote, when an email revealing what the Guardian knew about his father’s tax affairs dropped on Conservative HQ.
From that moment, the prime minister would have known there was a serious risk of people finding out about the £30,000 of shares he previously owned in Ian Cameron’s offshore investment fund.
It would look terrible to a public already outraged about tax avoidance that a wealthy young Cameron had chosen to buy shares in Blairmore, the fund based in Panama and the Bahamas that never paid a penny of tax in Britain.
This was the point at which Cameron should have made a clean breast of the facts, Labour and some of his own Conservative MPs now say. Full story...
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From that moment, the prime minister would have known there was a serious risk of people finding out about the £30,000 of shares he previously owned in Ian Cameron’s offshore investment fund.
It would look terrible to a public already outraged about tax avoidance that a wealthy young Cameron had chosen to buy shares in Blairmore, the fund based in Panama and the Bahamas that never paid a penny of tax in Britain.
This was the point at which Cameron should have made a clean breast of the facts, Labour and some of his own Conservative MPs now say. Full story...
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